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Sberbank Exec Says Russia Ready for More Ruble-yuan Trade with China

  • 16 Sep 11:11

A senior representative of Russia’s top bank,Sberbank, has said his country is ready to expand the use of national currencies in settlements as well as boost cooperation in trade and investment with Chinese partners,Xinhuareports. In an interview with the Chinese news agency, Anatoly Popov, Deputy Chairman of Sberbank’s Executive Board, said the expansion of the use of national currencies in bilateral settlements is an integral step in the further development of bilateral relations between Russia and China. “In the current international situation, settlements in rubles and yuans between Russian and Chinese companies can guarantee the. Read more...