Bloomberg is totally delusional.
Transactions by Russian oil companies with China are being done in mixture of Rouble and RMB but routed through several shell Companies in neutral countries. Russia is not reporting details of who the shell companies are only the aggregate to prevent the US Treasury from tracking it.
Bloomberg have achieved it's KPI with the US government of writing more China and Russia are losing reports and justifying their salary for the month - what a bunch of grifters.
If that's what Bloomberg is only good for, the reporter jobs can be done by AI immediately.
A doubling of the Chinese currency’s share of global payments from the current 6%-7% is not impossible, according to the head of yuan internationalization at HSBC https://t.co/ktvnaNLFVl