Russian Deputy Prime Minister Aleksandr Novak told the Rossiya 24 TV channel on Nov. 18 that Russian/Chinese trade in oil, gas, coal and electricity was up a hefty 10% in physical terms (64% in monetary terms). “We are switching to settlements in rubles and yuan for the energy resources supplied.... China is our strategic partner in the Asia-Pacific region and generally in trade.”
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Russia and China Meet on Energy
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