Petrodollar Alert: Putin Prepares To Announce "Holy Grail" Gas Deal With China
Zero Hedge
"The worse Russia's relations are with the West, the closer Russia will want to be to China. If China supports you, no one can say you're isolated,"
If it was the intent of the West to bring Russia and China together - one a natural resource (if "somewhat" corrupt) superpower and the other a fixed capital / labor output (if "somewhat" capital misallocating and credit bubbleicious) powerhouse - in the process marginalizing the dollar and encouraging Ruble and Renminbi bilateral trade, then things are surely "going according to plan."
http://www.zerohedge.com/print/486357
http://www.zerohedge.com/print/486357