As part of China’s plan to make its currency more widely convertible, two major Chinese banks have started trading the ruble
for the first time. One analyst says: ‘China is the flavor of the month. Most people think it represents the future. China is choosing Russia.
‘ Moscow is planning to sell Moscow Metrostroy
, the 79-year-old company that built the city’s metro, ahead of Mayor Sergei Sobyanin’s plan to expand the network by 50km.