Russia joined forces with China to create a new reserve currency. This new currency will be based on rare earth minerals like gold, silver, uranium and more. This is a massive challenge to the US dollar dominance which isn't based on gold or anything.
Geopolitical Economy Report Donald Trump claimed he would "un-unite" Russia and China, but the US divide-and-conquer strategy is failing. In a meeting in Moscow celebrating the 80th anniversary of their nations' victory in World War Two, Presidents Xi Jinping and Vladimir Putin reaffirmed that "China-Russia relations have reached the highest level in history" and will "jointly resist any attempts to interfere with and disrupt the traditional friendship and deep mutual trust between China and Russia". Ben Norton explains. Related: Why China supports Russia
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