China daily net news: English China daily November 24th St. Petersburg report: Premier Wen Jiabao, Prime Minister Vladimir Putin and Russia announced that the two sides decided to use their national currency for bilateral trade settlement.
Chinese experts say that this did not directly cause challenges against the dollar, and maintains both their economic security, describes the relationship between China and Russia have been further deepened.
Russia before any other currency trade, in particular the US dollar. But since the international financial crisis, China and Russia leaders many times with national currency trade settlement for the communication.
Currently, rubles in China's stock exchange has begun, and soon after, RMB will also be listed in Russia.
Central Asia Institute, Chinese Academy of social sciences, the Sun looking new currency settlement is the trend, and is the financial crisis after the US dollar led single settlement disadvantages highlighted results.
Renmin University of China Institute of international relations Professor Pangzhongying this new settlement facilitate reverse in international trade settlement in US dollar-dominated the imbalance, can prevent the recurrence of financial crisis.
Putin and Premier Wen Jiabao signed including energy cooperation agreements of 12, a senior official said Russia, China and Russia unlikely to many media hoped that Russia's natural gas to the Chinese export price.
Putin said one of the agreement on purchase of our 2 tianwan nuclear generator block Russia.
Premier Wen Jiabao said during a press conference: and Russia reached an unprecedented height, China and Russia will never become enemies. China will continue to adhere to the path of peaceful development, and support Russia Renaissance power plan.
Premier Wen Jiabao will be Tuesday left later travelled to Moscow, St. Petersburg, and will be meeting with Russia's President Medvedev on Wednesday. (China daily reporter Su Qiang, lixiao Kun, WA)
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