Jan 28, 2014
Ruble move reflects China's yuan strategy
Allowing foreign currencies to be freely traded with the home currency is common in many countries.
Ruble use in border city to boost Sino-Russian trade
At a large furniture market in Suifenhe City, Heilongjiang Province, Qu Ying sold a table and chair set to two Russian businessmen, who paid him about 5,000 Russian rubles.
China authorizes first pilot city of Russian ruble use
Chinese cabinet has authorized Suifenhe City at the China-Russia border as the country's first pilot zone where Russian ruble can function equally as renminbi, local government sources told Xinhua on Sunday.
Experts say Sino-Russian border trade has potential
Experts attending a trade expo in northeast China's Heilongjiang Province said more efforts should be made to tap border trade potential between China and Russia , as trade volume between the two countries is likely to exceed 100 billion U.S. dollars this year.