The Chinese newspaper “Huanqiu Xibao” said that the measures taken by Moscow in response to sanctions against Russia had dealt a severe blow to the dollar’s position in the global financial system.
The expert, Gao Desheng, said in an article published by the newspaper that the move that threatened Washington was Russia’s decision to expand the use of the ruble to other countries. A friend weakens the dollar monopoly in the world of trading and in the financial system. The world is rapidly entering a post-dollar era. ”
The expert also stressed that the effectiveness of the measures taken by Moscow showed the failure of the policy on sanctions of the United States and the West.
After Russia launched a special military operation in Ukraine, Western countries stepped up their pressure on Moscow. In Europe, calls have been made to reduce reliance on Russia’s energy resources, with many brands announcing their departure from Russia. The European Union, the United States, Canada and other countries have closed their airspace on Russian aircraft and imposed numerous sanctions against Russia targeting entities, individuals, the financial sector and others with the aim of weakening. and suffocate the Russian economy.
For its part, the Kremlin described these measures as an unprecedented economic war. Russian President Vladimir Putin also pointed out that these sanctions have also dealt a severe blow to the entire world economy.
Source: RIA Novosti
Source: Arabic RT
