Abstract

Subject. The article addresses the formation of a multipolar world, the strengthening of Russia's financial independence from Western countries. Objectives. The aim is to identify promising areas of cooperation between Russia and China in the financial sector. Methods. The study applies methods of systems and functional-structural analysis. Results. The paper established that the main tasks related to the deepening of cooperation between Russia and China in the financial sector are the creation of an optimal system for protecting the rights of investors, ensuring cybersecurity, formation of a single exchange space, and countering the legalization of illegally obtained funds. Conclusions. At present, there is a growing trend towards dedollarization of assets and liabilities of financial and non-financial organizations, the prerequisites for the transition to settlements in the currencies of friendly States have been formed.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.