• Home
  • IMPORTANT
  • WORLD
  • AMERICA
  • RUSSIA
  • Middle East
  • Economy
  • Sports
  • Incidents
  • Progress
World News – Russian opinion
World news from Russia in english
You are here : World News – Russian opinion» Economy» US’ makes an attempt to undermine financial progress of Russia & China are simply a part of unfair competitors – Putin

US’ makes an attempt to undermine financial progress of Russia & China are simply a part of unfair competitors – Putin

Posted By Russian Opinion. Under Economy  Tags: attempts, China, competition, economic, growth, just, part, Putin, Russia, undermine, unfair, us’  

Washington is making a severe mistake because it goals to discourage the event of Russia and China, Russian President Vladimir Putin mentioned at an funding discussion board in Moscow.

“Balanced worldwide financial relations will not be their [US] most important aim, however their most important strategic aim is curbing the event of China and Russia,” the Russian chief informed the ‘Russia Calling’ discussion board, including that such an strategy is a “deep” mistake that may backfire on the US and undermine its place.

Another excuse for Washington’s restrictions in opposition to its commerce warfare rival, Beijing, is that the Chinese language financial system has confirmed to be simpler than the US financial system, in accordance with the Russian president. This might be the important thing issue of the commerce warfare, and never the commerce deficit because the US claims.

Additionally on rt.com

FILE PHOTO: A 100 Euro banknote and Chinese 100-yuan banknotes © Reuters / Jason Lee
Russia mulls utilizing yuan & euro as a substitute of US greenback for exterior loans in 2020

US coverage focusing on Russia and China is “unfair competitors” and can proceed for a while sooner or later, mentioned Putin. Nonetheless, this won’t cease the expansion of the worldwide financial system and won’t plunge it into recession, in accordance with the Russian president.

“In my view, progress charge of the worldwide financial system will enhance, regardless of all the issues linked to commerce wars, restrictions for political causes and so forth,” he informed the viewers. “The worldwide financial system is unlikely to enter recession within the close to future even with the commerce warfare between the US and China.”

Additionally on rt.com

© Getty Images / Ralf Hiemisch
US transfer to weaponize its foreign money is destroying greenback in worldwide commerce – Putin

Russia and its largest commerce companion, China, have been working to spice up mutual commerce of their nationwide currencies, the ruble and the yuan. The problem has been repeatedly mentioned by the 2 sides and between the leaders, together with throughout the St. Petersburg Financial Discussion board (SPIEF) in June.

Putin mentioned that whereas the quantity of bilateral commerce in nationwide currencies remains to be comparatively low, it’s steadily rising and might develop even quicker as each the Russian and Chinese language governments are working to spice up it.

For extra tales on financial system & finance go to RT’s enterprise part

    5 recent posts for today:

  • A 40-year journey results in a brand new truffle species
  • EU launches antitrust probe into Google’s Fitbit deal over privateness points
  • 'That is bullsh*t': Ronaldo followers fume after teammate Dybala scoops Serie A MVP award
  • Bellingcat founder in Twitter meltdown after getting accused of ‘STEALING’ Assange’s quote describing WikiLeaks for personal e-book
  • Ballot — Trump takes lead over Biden…

    5 random posts:

  • Ruling celebration lawmaker proposes separate company for homeless folks
  • Scientific and technological valley of the Moscow state University of the name of “sparrow hills”
  • Common train advantages immunity — even in isolation
  • Sanctuary California: Unlawful Alien Youngster Rapist Freed Six Occasions into U.S.
  • WADA suspends Moscow anti-doping lab over knowledge manipulation that Russians say have been accessed from overseas
  • Recent Comments
    Mack TaylorMack Taylor Says:
    There's a good possibility that the Patom Crater i...
    john williamjohn william Says:
    Always alertness is important....
    sasa Says:
    very very baeutifolllllllllllll...
    bjbj Says:
    It wasnt American Airlines. It was US Air....
    Russian OpinionRussian Opinion Says:
    Obama will now do his best to beat Romney in any d...
  • Related Posts

    ‘That is bullsh*t’: Ronaldo followers fume after teammate Dybala scoops Serie A MVP award

    Juventus celebrity Paulo Dybala has been named Serie A's Most ...

    ‘It appears to be like like a bus seat!’ Man United followers lay in to new Adidas 2020/21 package for dodgy design

    The time period 'park the bus' is a well-known soccer ...

    ‘She thinks I am a weak Instagram mannequin, however I rework within the cage’: Bellator MMA siren Loureda fires warning forward of comeback

    Bellator MMA flyweight Valerie Loureda has mentioned any rivals who ...

    ‘We might welcome talks’: Billionaire backers of Saudi bid for Newcastle say deal may very well be revived as 64,000 followers signal petition

    Non-public finance backers of the Public Funding Fund's (PIF) flunked ...

    ‘They went after a sick, disabled man’: MMA pirate who confronted $32 MILLION tremendous slams UFC whereas insisting he ISN’T sorry

    A person who was efficiently sued by the UFC in ...

  • Hot Topics
    The air pollution in almaty has decreased considerably say city authorities
    1 comments received
    White House: Obama and Putin is a very good dialogue
    1 comments received
    American Airlines plane made an emergency landing
    1 comments received
    The essentials of albania
    1 comments received
    The kids murderers four month hold in awe the whole akademgorodok
    1 comments received
    • AMERICA
    • IMPORTANT
    • WORLD
    • RUSSIA
    • Economy
    • Middle East
    • Sports
    • Breaking News
    • Business
    • Incidents
    • Culture/Society
    • Progress
    • Ukraine
  • Tags
    About after Against America arrested attack China coronavirus could Covid19 death Fire first from into Iran killed Media Million More Moscow over people police president Putin Report: Russia Russian says State States Syria Team Than Trade Trump U.S. Ukraine United Video were World Years ‘Trump
Politics & War     Download music for free     Copyright All Rights Reserved.