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SCO economic cooperation in spotlight amid global challenges

As the 22nd meeting of the Council of Heads of State of the Shanghai Cooperation Organisation (SCO) is set to kick off in Uzbekistan on Thursday, economic cooperation among member states and other partners in a wide range of areas from energy to food to infrastructure will also become a focus at the meeting, Chinese analysts said on Wednesday.
Xu Qinhua China Development Bank Centre For International Energy Courtesy Of Embassy Uzbekistan Sinosteel Economic Research Institute Currency Composition Of Official Foreign Exchange

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Russia likely to increase Chinese yuan holdings amid Western sanctions: analysts

Russia will likely continue to add the Chinese yuan to its foreign exchange reserves, while slashing the US dollar over the medium and long term, as it increasingly looks eastward for economic development amid stringent Western financial sanctions, especially following the Russia-Ukraine conflict, analysts said on Tuesday.
Dong Dengxin Xu Wenhong Securities Institute Chinese Foreign Ministry Wuhan University Of Science Institute Of Russian

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