Before the Russia-Ukraine conflict, Putin made two predictions on the economy, and the judgment on the renminbi failed the most


2023-02-08: [Chinese Article Link] Before the Russo-Ukrainian war, Putin made a correct economic prediction and a false one, respectively. There is almost worldwide consensus that the US will use asset freezes as weapons. But Russia's previous preference for the euro over the renminbi, in lieu of the dollar, is a misstep, underestimating


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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Before the Russia-Ukraine conflict, Putin made two predictions on the economy, and the judgment on the renminbi failed the most


2023-02-08: [Article Link] Before the Russo-Ukrainian war, Putin made a correct economic prediction and a false one, respectively. There is almost worldwide consensus that the US will use asset freezes as weapons. But Russia's previous preference for the euro over the renminbi, in lieu of the dollar, is a misstep, underestimating

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.