Goodbye, greenback! As they abandon dollar in trade, Russia & China could create ‘financial alliance,’ leading Russian expert says

Moscow and Beijing's ditching of the US dollar

Moscow and Beijing’s ditching of the US dollar could result in the creation of a “financial alliance,” according to a top Russian analyst. Alexey Maslov believes the partnership is approaching a “breakthrough moment.”

Maslov, director of the Institute of Far Eastern Studies at the Russian Academy of Sciences, predicts that Russia-China “de-dollarization” could lead to the two nations forming a de-facto fiscal alliance.

Continue reading https://on.rt.com/anug