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cyu@sh.itjust.works to World News@lemmy.mlEnglish · 1 year ago

BRICS to launch independent financial system

vovworld.vn

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BRICS to launch independent financial system

vovworld.vn

cyu@sh.itjust.works to World News@lemmy.mlEnglish · 1 year ago
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(VOVWORLD) - Countries of the BRICS economic bloc are currently working on the launch of a financial system that will be independent of the dominance of third parties, according to Russian Ambassador to China Igor Morgulov.
  • JohnDClay@sh.itjust.works
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    1 year ago

    So that if (hopefully not when) China invades Taiwan, they won’t get hit with sanctions as bad as Russia did.

    • MyPornViewingAccount@lemmy.world
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      1 year ago

      Thats their goal, they want insulated within their own economic system.

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