What is the impact of ruble settlement on China? The advantages outweigh the disadvantages, or the disadvantages outweigh the advantages?

Now the world pattern is changing. Many years later, it will be found that 2022 is the beginning of world change.

The occurrence of the "Russian-Ukrainian War" has a great influence on the world.

Of course, among many influences, the "ruble settlement event" has the most obvious influence on the world financial structure.

What is the impact of ruble settlement on China? The ruble settlement has no substantial impact on China.

After all, Sino-Russian relations are very good. The "ruble settlement" order is mainly aimed at some countries with bad relations with Russia. For China, it is not on the Russian blacklist.

Therefore, the "ruble settlement" order has no influence on China. In this case, the energy trade between China and Russia will not be affected.

Moreover, under the current situation, the energy trade between Russia and China will only deepen cooperation. After all, cooperation now is beneficial to both China and Russia.

"ruble settlement" has brought opportunities to China. After China gradually developed, it is actively promoting the nationalization of RMB. There will be many difficulties to overcome in the internationalization of RMB.

In the current international monetary system, the dollar is the absolute overlord.

Of course, the share of the euro in the specific proportion is actually similar to that of the US dollar. However, in view of the relationship between the United States and the European Union, the absolute advantage of the dollar cannot be shaken in the short term.

According to the data of SWIFT2022 from June, 5438 to October, 2022/kloc-0, the five major international currencies in the world are USD, EUR, GBP, RMB and JPY. Accounting for 40%, 36%, 6%, 3.2% and 2.8% respectively.

From here, we can also see the gap between RMB and USD.

Of course, although the dollar still dominates, it is still down compared with the settlement ratio of 44% in 2020.

The RMB also rose from the fifth place in international payment share to the fourth place in 202 1 and 65438+February. This is also the first time that the proportion of RMB international payment has exceeded that of Japanese yen. The specific share increased from 2. 1 14% in October to 2.70% in February.

Of course, compared with 2.7% in February of 20021and 65438+,the share of RMB international payment in 2022 will further increase to 3.2%. It can be said that the internationalization of RMB is proceeding in an orderly way!

However, after the settlement of the ruble, European countries will definitely need to find an alternative currency for the US dollar if they want to maintain their energy trade with Russia. At this time, the advantages of the RMB will be revealed!

Ruble settlement is of positive significance to RMB internationalization. Of course, in order to cope with the potential risks of international finance, China has established the RMB international payment system.

The ruble settlement is not only without disadvantages for China, but also a golden opportunity.

Finally, I also hope that RMB internationalization can be realized at an early date!