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Montevideo, December 24th 2024 - 17:22 UTC

Tag: Yuans

  • Wednesday, May 4th 2022 - 09:04 UTC

    Beijing boasts Chinese companies purchase Russian coal and oil paying with Yuans

    The first ESPO (Eastern Siberia Pacific Ocean) crude oil will be delivered this month, according to a commentary published in early April on Cngold.org

    Several Chinese companies purchased Russian coal paying in Chinese currency in March, and the first shipment would be made in April, according to Fenwei Energy Information Service Co., China’s leading information and service provider to the coal and coke industries. This is also the first shipment of Russian commodities paid in Yuan to arrive in China after Russia was sanctioned by Western countries.