Counter-sanctions from Moscow dealt a serious blow to the dollar in the international financial system. This opinion was expressed by Chinese expert Gao Desheng.

AT article for the Huanqiu Shibao newspaper, he noted the effectiveness of Russia’s response – President Vladimir Putin’s decision to accept payment for Russian gas only in rubles, transferring settlements with partner states to national currencies.

“Russia’s statement about the repayment of external debt in rubles and their use as a settlement currency for the export of energy and strategic resources to “unfriendly countries and regions” has shaken the monopoly position of the dollar in the world trade and financial system”the article says.

Dashen is confident that now the world economy is gradually entering the post-dollar era. The effectiveness of these measures, according to the expert, the measures proved the failure of the sanctions policy of the United States and the West.



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