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Over 80% of Russia-China trade settlement now using local currencies (www.globaltimes.cn)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 1 year ago (1 children)

Just like many western outlets are mouthpieces for us in the West. If there are other sources that present different data please post them to dispute this.

[–] [email protected] 2 points 1 year ago

I didn't dispute the data, I'm saying that the source isn't neutral.

The data may very well be accurate or not, I don't know enough to comment either way. I suspect it's not entirely accurate because both Russia and China have a history of massaging numbers and having inaccurate reporting.

But putting that aside - Russia and China both want to get rid of the US dollar as the dominant currency for their own interests. It's not surprising that Russia-China trades are now conducted mostly without the use of US dollars. The fact that this comes from a known government mouthpiece means it's just nationalist self-promotion.

Questioning the motive of the source is always good practice. If you see an article saying "Survey shows Hyundai emerges as the best car brand in 2023", it would make a difference if this news was taken from the Hyundai website or BBC.

It's not a matter of being pro-US or pro-Russia/China. There are skewed news sources in ever country, the US included.