Why Are Russia’s Surging Gold Exports being Stockpiled in the United States, and not China?

As many geopolitical observers would note, China and Russia have formed a close strategic partnership in recent years, particularly since the ascension to power of China’s President Xi Jinping, in 2013, and that of Russian President Vladimir Putin, the year before.  This “special relationship” is reflected in their trade relations. In 2020, bilateral trade volumes reached about US$108 billion, making it three consecutive years where two-way trade has surpassed US$100 billion.

Read the full article on the website of Dezan Shira & Associates.

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