The decision to switch mostly to rubles and yuan was “timely” and has led to a strong boost in trade, the president says The vast majority of transactions between Russia and China are now carried out in national currencies, bypassing the US dollar, President Vladimir Putin has said.

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China’s ambassador to the UK urges London not to follow Washington’s lead on the issue The Chinese envoy to the United Kingdom has warned that British and American interference on Taiwan could result in a war, claiming that Beijing’s ties with London are now at a crossroads over the island.