this post was submitted on 30 Jun 2022
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China likes these Russian sanctions!

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[–] sexy_peach@feddit.de 7 points 2 years ago (2 children)

Good for them. Is this unexpected?

[–] ksynwa@lemmy.ml 6 points 2 years ago

Yeah kinda. Some fuel trade took place via rupee-rouble exchange. But using the Yuan is not something I had heard of before.

[–] incici@lemmy.ml 4 points 2 years ago

Not really unexpected in my opinion.

[–] yogthos@lemmy.ml 7 points 2 years ago (1 children)

Welcome to the multipolar world. American sanctions have finally achieved the creation of a world where alternative economic systems are emerging that will be completely outside western control. The direct outcome of all this will be that western economy is going to shrink and we'll likely see a completely separate financial system emerge that's driven by BRICS.

[–] incici@lemmy.ml 4 points 2 years ago

very likely