Group 1: Core Insights - Russia is set to issue its first RMB-denominated bonds, marking a significant elevation in the status of the Chinese currency [1][3] - The issuance of these bonds is part of a long-term strategy for Russia, aimed at providing new investment options for its enterprises and supporting the internationalization of the RMB [3][4] - The total trade volume between China and Russia is projected to reach $250 billion in 2024, indicating a strengthening economic relationship [3] Group 2: Market Implications - The RMB's share in global trade financing has reached 8.5%, making it the second most used currency after the USD [4] - The issuance of RMB bonds will reduce Russia's reliance on USD and EUR, while also promoting a more complete system for RMB usage, settlement, and investment [4] - The potential change in the U.S. Federal Reserve leadership could lead to a weaker USD, providing more space for other currencies, including the RMB [7][8] Group 3: Broader Trends - The trend of increasing RMB usage is not isolated to Russia; other countries like Kazakhstan and Kenya are also exploring RMB financing options [3] - The global financial landscape is undergoing significant changes, with the RMB's rising international status challenging the dominance of the USD [8]
俄踢开美元,人民币地位上升,特朗普通告全球,美联储主席将换人
Sou Hu Cai Jing·2025-12-06 04:06