Russia’s ambassador in China revealed that the two leaders would meet next week in Uzbekistan. However, during the regular conference, the mainland denied giving related info. Experts analyzed that the actions of these countries have revealed the truth.
Ambassador Andrey Denisov told the AFP on September 7th, “In less than ten days, our leaders will meet at the Shanghai Cooperation Organisation (SCO) summit in Samarkand.”
On the other hand, China’s Foreign Ministry declined to comment during a regular press conference on September 7th.
Regarding AFP’s question, Foreign Ministry spokesperson Mao Ning neither confirmed nor denied the info. Instead, she said, “The Chinese and Russian heads of state have maintained close exchange through various means. Regarding the specific question you raised, I have nothing to share at this moment.”
The day before Denisov’s announcement, Gazprom confirmed that it had agreed with PetroChina to pay natural gas bills in rubles and yuan. Besides China, Turkey also joined in shifting to ruble payments for gas. But will only pay a quarter of the total in the Russian currency.
Jialong explained that for the yuan to replace the dollar, China must provide military protection to Saudi Arabia, which is unlikely to happen. So the key sector depends on countries like Saudi Arabia or Turkey.
Jialong said Saudi Arabia agreed with the U.S. One uses dollars for oil transactions and finances America’s spending. In return, America provides military protection.
Current affairs commentator Samp analyzes that the international influence of the RMB and the ruble is negligible. For example, the RMB accounted for only 2.7% of global currency payments last year. The U.S. dollar and Euro are 40.5% and 36.7%, respectively.
According to Jialong, the Beijing and Moskva agreements validate the alliance and refute the U.S. claims that China and Russia back one another in international conflicts.