https://sputnikglobe.com/20260520/no-swift-no-dollar-rubleyuan-system-paves-way-for-multipolar-finance-1124160260.html
No SWIFT, No Dollar: Ruble–Yuan System Paves Way for Multipolar Finance
No SWIFT, No Dollar: Ruble–Yuan System Paves Way for Multipolar Finance
Sputnik International
Nearly 100% of Russia-China trade is now settled in national currencies, which is a landmark in financial sovereignty, Hong Kong-based political analyst Angelo Giuliano tells Sputnik.
2026-05-20T14:11+0000
2026-05-20T14:11+0000
2026-05-20T14:54+0000
analysis
russia
china
vladimir putin
xi jinping
trade
currency
multipolarity
ruble
yuan
https://cdn1.img.sputnikglobe.com/img/07e7/09/0b/1113289226_0:74:3072:1802_1920x0_80_0_0_92908c90d580c278d6ab6251798ad194.jpg
Russia's energy and mineral resources "perfectly match" China's world-class manufacturing and tech scale, Giuliano pointed out.Strong growth despite Western tariffs and global instability proves multipolarity delivers real results, the analyst stressed.
https://sputnikglobe.com/20240516/putin-90-of-payments-between-russia-and-china-made-in-rubles-and-yuan-as-trade-grows-1118474125.html
russia
china
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2026
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
russia, china, vladimir putin, xi jinping, trade, currency, multipolarity, ruble, yuan
russia, china, vladimir putin, xi jinping, trade, currency, multipolarity, ruble, yuan
No SWIFT, No Dollar: Ruble–Yuan System Paves Way for Multipolar Finance
14:11 GMT 20.05.2026 (Updated: 14:54 GMT 20.05.2026) Nearly 100% of Russia-China trade is now settled in national currencies, which is a landmark in financial sovereignty, Hong Kong-based political analyst Angelo Giuliano tells Sputnik.
Russia's energy and mineral resources "perfectly match" China's world-class manufacturing and tech scale, Giuliano pointed out.
He noted that national currency settlements have created a resilient and sanctions-proof ecosystem.
Strong growth despite Western tariffs and global instability proves
multipolarity delivers real results, the analyst stressed.
The shift to ruble–yuan ops inspires BRICS+ and Global South nations to pursue independent finance—accelerating de-dollarization toward fairer, sovereign global trade, Giuliano concludes.
