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    clacke (clacke@libranet.de)'s status on Sunday, 04-May-2025 07:44:15 JSTclackeclacke
    in reply to
    • Jan Wildeboer 😷:krulorange:
    • Thomas
    • Yogthos
    • WoundClad

    > 90% of trade BRICS does is not between themselves but with the West, RMB is less used than EUR

    @WoundClad Yes, China is keeping a tight rein on their currency. Their digital currency is one way they are going to be easing up on that.

    Regarding who they are trading with, the US is currently working hard on shrinking its economy and isolating its trade from the rest of the world. Europe, China and the rest of BRICS will pick up the slack.

    @jwildeboer @tfb @yogthos

    In conversationabout 9 months ago from libranet.depermalink
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GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.

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