China allows rouble in border city
<p><span word="Download">Download</span></p><p><span word="China">China</span> <span word="strengthened">strengthened</span> <span word="its">its</span> <span word="economic">economic</span> <span word="ties">ties</span> <span word="with">with</span> <span word="Russia">Russia</span> <span word="on">on</span> <span word="Sunday">Sunday</span> <span word="by">by</span> <span word="allowing">allowing</span> <span word="the">the</span> <span word="rouble">rouble</span> <span word="to">to</span> <span word="circulate">circulate</span> <span word="unrestricted">unrestricted</span> <span word="in">in</span> <span word="Suifenhe">Suifenhe</span>, <span word="Heilongjiang">Heilongjiang</span> <span word="province">province</span>.</p><p><span word="It">It</span>'<span word="s">s</span> <span word="the">the</span> <span word="first">first</span> <span word="time">time</span> <span word="that">that</span> <span word="Beijing">Beijing</span> <span word="has">has</span> <span word="given">given</span> <span word="a">a</span> <span word="foreign">foreign</span> <span word="currency">currency</span> <span word="the">the</span> <span word="same">same</span> <span word="legal">legal</span> <span word="status">status</span> <span word="as">as</span> <span word="the">the</span> <span word="renminbi">renminbi</span> <span word="on">on</span> <span word="Chinese">Chinese</span> <span word="territory">territory</span>, <span word="underscoring">underscoring</span> <span word="the">the</span> <span word="two">two</span> <span word="nations">nations</span>' <span word="determination">determination</span> <span word="to">to</span> <span word="forge">forge</span> <span word="a">a</span> <span word="closer">closer</span> <span word="alliance">alliance</span>.</p><p><span word="The">The</span> <span word="border">border</span> <span word="city">city</span> <span word="Suifenhe">Suifenhe</span> <span word="has">has</span> <span word="been">been</span> <span word="dubbed">dubbed</span> <span word="the">the</span> <span word="capital">capital</span> <span word="of">of</span> <span word="Sino">Sino</span>-<span word="Russian">Russian</span> <span word="trade">trade</span>. <span word="The">The</span> <span word="move">move</span> <span word="allows">allows</span> <span word="Russian">Russian</span> <span word="visitors">visitors</span> <span word="to">to</span> <span word="Suifenhe">Suifenhe</span> <span word="to">to</span> <span word="pay">pay</span> <span word="for">for</span> <span word="their">their</span> <span word="meals">meals</span>, <span word="shopping">shopping</span> <span word="and">and</span> <span word="taxi">taxi</span> <span word="fares">fares</span> <span word="in">in</span> <span word="roubles">roubles</span>.</p><p><span word="Underground">Underground</span> <span word="currency">currency</span> <span word="trading">trading</span> <span word="was">was</span> <span word="rampant">rampant</span> <span word="in">in</span> <span word="the">the</span> <span word="city">city</span>, <span word="and">and</span> <span word="analysts">analysts</span> <span word="believe">believe</span> <span word="that">that</span> <span word="the">the</span> <span word="trial">trial</span> <span word="will">will</span> <span word="create">create</span> <span word="a">a</span> <span word="boom">boom</span> <span word="of">of</span> <span word="rouble">rouble</span> <span word="use">use</span> <span word="in">in</span> <span word="the">the</span> <span word="city">city</span>.</p><p><span word="Wang">Wang</span> <span word="Jianhui">Jianhui</span>, <span word="Beijing">Beijing</span>-<span word="based">based</span> <span word="chief">chief</span> <span word="economist">economist</span> <span word="with">with</span> <span word="stock">stock</span> <span word="brokerage">brokerage</span> <span word="Southwest">Southwest</span> <span word="Securities">Securities</span> <span word="believes">believes</span> <span word="that">that</span> <span word="Russia">Russia</span> <span word="will">will</span> <span word="reciprocate">reciprocate</span> <span word="by">by</span> <span word="allowing">allowing</span> <span word="the">the</span> <span word="renminbi">renminbi</span> <span word="to">to</span> <span word="trade">trade</span> <span word="freely">freely</span> <span word="in">in</span> <span word="one">one</span> <span word="of">of</span> <span word="its">its</span> <span word="own">own</span> <span word="border">border</span> <span word="cities">cities</span>.</p><p><span word="The">The</span> <span word="move">move</span> <span word="will">will</span> <span word="help">help</span> <span word="define">define</span> <span word="the">the</span> <span word="yuan">yuan</span>-<span word="rouble">rouble</span> <span word="exchange">exchange</span> <span word="rate">rate</span> <span word="and">and</span> <span word="promote">promote</span> <span word="Sino">Sino</span>-<span word="Russian">Russian</span> <span word="financial">financial</span> <span word="cooperation">cooperation</span> <span word="on">on</span> <span word="a">a</span> <span word="broader">broader</span> <span word="scale">scale</span>, <span word="he">he</span> <span word="added">added</span>.</p><p><span word="Beginning">Beginning</span> <span word="last">last</span> <span word="month">month</span>, <span word="Russians">Russians</span> <span word="were">were</span> <span word="allowed">allowed</span> <span word="visa">visa</span>-<span word="free">free</span> <span word="to">to</span> <span word="the">the</span> <span word="Suifenhe">Suifenhe</span> <span word="Sino">Sino</span>-<span word="Russian">Russian</span> <span word="Trade">Trade</span> <span word="Zone">Zone</span>, <span word="a">a</span> 4.53-<span word="square">square</span>-<span word="km">km</span> <span word="area">area</span> <span word="dedicated">dedicated</span> <span word="to">to</span> <span word="promoting">promoting</span> <span word="China">China</span>-<span word="Russia">Russia</span> <span word="trade">trade</span>.</p><p><span word="The">The</span> <span word="Suifenhe">Suifenhe</span> <span word="announcement">announcement</span> <span word="comes">comes</span> <span word="after">after</span> <span word="Premier">Premier</span> <span word="Li">Li</span> <span word="Keqiang">Keqiang</span> <span word="said">said</span> <span word="in">in</span> <span word="March">March</span> <span word="that">that</span> <span word="Sino">Sino</span>-<span word="Russian">Russian</span> <span word="relations">relations</span> <span word="are">are</span> "<span word="already">already</span> <span word="very">very</span> <span word="good">good</span> <span word="politically">politically</span>", <span word="and">and</span> <span word="there">there</span> <span word="should">should</span> <span word="be">be</span> <span word="more">more</span> "<span word="pragmatic">pragmatic</span> <span word="cooperation">cooperation</span>".</p><p><span word="In">In</span> <span word="March">March</span>, <span word="President">President</span> <span word="Xi">Xi</span> <span word="Jinping">Jinping</span> <span word="chose">chose</span> <span word="Russia">Russia</span> <span word="to">to</span> <span word="be">be</span> <span word="his">his</span> <span word="first">first</span> <span word="foreign">foreign</span> <span word="destination">destination</span>, <span word="where">where</span> <span word="he">he</span> <span word="called">called</span> <span word="Sino">Sino</span>-<span word="Russian">Russian</span> <span word="ties">ties</span> <span word="among">among</span> <span word="the">the</span> <span word="most">most</span> <span word="important">important</span> <span word="in">in</span> <span word="the">the</span> <span word="world">world</span> <span word="and">and</span> "<span word="also">also</span> <span word="the">the</span> <span word="best">best</span> <span word="relationship">relationship</span> <span word="between">between</span> <span word="major">major</span> <span word="countries">countries</span>."</p>
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