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Russia and China set to change bilateral trade deal

by Chris Gilbey at 12:11PM (EST) on August 29, 2005 | Permanent Link | Cosmos

Interesting move by China and Russia just reported. The president of the Association of Russian Banks reflected on the creation of the Euro to counter the power of the dollar, and suggested that a new currency that suits the Asian region might need to be created, or alternatively the Won or the Yuan could become the trading currency for Russian/Chinese and other bilateral trade.

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