China and Russia to establish independent financial systems: Russian media


Source: globaltimes.cn globaltimes.cn

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China and Russia to establish independent financial systems: Russian media By Global Times Published: Dec 17, 2021 12:47 AM Photo: IC Russia and China have agreed to develop shared financial structures to deepen economic ties in a way that will not be affected by pressure of third countries following talks between the top leaders, Russian media outlet RT reported on Wednesday.The move will help both countries deter the threat of the US government's long-arm jurisdiction based on the US dollar denominated international payment network, experts said.During the talks on Wednesday, top leaders of the two countries called for increasing the...