#比特币市场波动观察

In today's ever-changing international economic landscape, a significant piece of news has drawn widespread attention: Russia has officially announced that nearly all of its trade activities with India and China are now completed within its domestic settlement system, and most crucially, the currency used for trade settlement has significantly shifted from the traditional US dollar to its national currency. This undoubtedly marks a milestone transformation.
Key data revealed by Russian President Vladimir Putin is noteworthy: Currently, over 90% of trade between Russia and China is settled in rubles and yuan, while more than 50% of trade with India has also begun to adopt local currency settlement. Tracing the roots, this transformation is a crucial response strategy by Russia following the severe sanctions imposed by the West due to the Ukraine issue in 2022. The Western sanctions have isolated Russia from core global financial systems like SWIFT, and in seeking a breakthrough, Russia has vigorously promoted local currency settlement, actively collaborating with China and India to deeply embed their economic cycles, cleverly circumventing traditional financial shackles.
Focusing on Sino-Russian economic and trade relations, the results are remarkable, with both parties continuously deepening their 'strategic partnership.' In 2023, bilateral trade soared, breaking through the $240 billion mark, setting a historical record, and economists are confident that this figure will continue to rise sharply by 2024. In this process, the currency settlement pattern has undergone a dramatic transformation, with the proportion of yuan in Russia's export settlement to China skyrocketing from 0.5% in 2021 to 16% in 2022. Similarly, the use of yuan for imports from China increased from 4% to 23% during the same period. In stark contrast, the once-dominant position of the US dollar has vanished, with its share in Sino-Russian trade plummeting from 46.8% in 2021 to nearly zero by 2023. The Russian banking sector has also taken advantage of this trend, significantly increasing its yuan reserves, which surpassed dollar reserves by December 2023.
Turning to India, although its pace in adapting to the currency shift in trade settlements with Russia is slightly slower compared to China, over 50% of Russia-India trade now adopts local currency settlement. This series of changes is, in fact, a key piece in Putin's grand strategy of 'de-dollarization.' Putin has openly criticized the dollar as a powerful tool for the West to advance its political agenda. Even with previous tensions with former US President Donald Trump, who threatened high tariffs on countries abandoning the dollar, Putin still displayed the demeanor of a great power, stating that he would be open to dialogue if Trump intended to meet and communicate in the future.
For a wide range of investors, this significant international economic and trade transformation hides numerous investment opportunities. If you are still lost in the cryptocurrency space, unsure of how to select strong assets from the myriad of currencies available, or if you are confused about market trends and have faced repeated setbacks and losses in investments, you might want to pay attention to my profile and pinned content on my homepage. I will share cutting-edge profit strategies daily for free, helping you clear the fog and accurately grasp investment opportunities, which will surely illuminate your investment journey.