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Russian Ambassador to China Morgulov said on December 23 at the “Ambassador Forum” of the Regional National Forum of the Chongyang Institute of Finance of Renmin University of China that Russia and China have established a fairly reliable bilateral settlement system, and now they almost entirely use the ruble and RMB for local currency settlement.

Zhitongcaijing·12/25/2025 02:09:02
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Russian Ambassador to China Morgulov said on December 23 at the “Ambassador Forum” of the Regional National Forum of the Chongyang Institute of Finance of Renmin University of China that Russia and China have established a fairly reliable bilateral settlement system, and now they almost entirely use the ruble and RMB for local currency settlement.