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China welcomes bigger role for yuan in de-dollarised Russian sovereign wealth fund

Summary:
[unable to retrieve full-text content]China has welcomed Russia’s efforts to give the yuan a bigger role in its sovereign wealth fund, saying it reflected Russia’s confidence in China’s economic development and the prospects for cooperation between the two countries.Chinese foreign ministry spokesman Wang Wenbin said on Friday that China would continue to deepen mutually beneficial cooperation with Russia, firmly support each other in international and regional affairs, and safeguard the common interests of the two countries.The…

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[unable to retrieve full-text content]
China has welcomed Russia’s efforts to give the yuan a bigger role in its sovereign wealth fund, saying it reflected Russia’s confidence in China’s economic development and the prospects for cooperation between the two countries.Chinese foreign ministry spokesman Wang Wenbin said on Friday that China would continue to deepen mutually beneficial cooperation with Russia, firmly support each other in international and regional affairs, and safeguard the common interests of the two countries.The…

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