Putin Reserve Rubles Vanish in Crimea Grab | Bloomberg


In the contest to reshape the world’s economic order after the 2008 financial crisis, Russia and China are headed in opposite directions.

China is carrying out most sweeping economic changes in more than three decades by opening up capital markets, expanding trade links and setting up overseas hubs to make the yuan a store of value.

Putin is more interested in territorial expansion.

via Putin Reserve Rubles Vanish in Crimea Grab  – Bloomberg.

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