Core Insights - Russia's demand for Indian state-owned refineries to use RMB for oil purchases marks a significant shift in the global financial landscape [1][3] - India's swift acceptance of this demand is a strategic response to U.S. sanctions, particularly in light of its profitable oil trade with Russia [1][3] - The use of RMB as a settlement currency allows both India and Russia to circumvent U.S. sanctions, highlighting the growing importance of RMB in international trade [3][7] Group 1 - The price differential from importing Russian oil allows India to earn over $17 billion annually, effectively making European buyers indirectly fund Russia's war efforts [3] - The RMB is seen as a viable alternative for transactions due to its stability and the size of China's economy, especially in the context of fluctuating currencies like the ruble [3][5] - The strategic partnership between Russia and India through RMB usage introduces a new dynamic in U.S. foreign policy, as it complicates potential sanctions against both nations [5][9] Group 2 - The trend of using RMB for oil and iron ore transactions signifies a broader movement towards "de-dollarization" in the global economy [7][9] - The share of the dollar in global foreign exchange reserves has decreased from 72% to 58%, while the RMB's share is steadily increasing [7] - China's approach to promoting RMB internationalization is cautious and methodical, focusing on bilateral agreements and currency swap arrangements with over 40 countries [8][9]
俄印突然联手用人民币买石油,美元霸权要凉?特朗普这次是真着急
Sou Hu Cai Jing·2025-10-15 05:31