4% — growth of Chinese exports to Russia, — Bloomberg

🇷🇺🇨🇳 9.9 billion dollars — the volume of goods supplies from China to Russia in June this year. The annual growth was 4%, — says Bloomberg

The increase in supplies is due to the use of a mechanism to circumvent the secondary sanctions of the West against large Chinese banks, which was created following the meeting of the heads of Russia and China during the official visit of the Head of the Russian State to Beijing. Small regional banks have started accepting yuan from Russia, protecting large lenders

▪️China’s total exports grew by 8.6% year-on-year in June, reaching the highest level in almost two years

CRYSTAL OF GROWTH previously informed that the trade turnover of Russia and China exceeded the $ 200 billion mark a year ahead of schedule, and 90% of calculations are carried out in rubles and yuan. Russia’s isolation has failed, and the de-dollarization of the global economy is gaining momentum

 

@crystal_book