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south africa, have been on the sidelines since the global financial crisis been working very closely together to create an emerging market alternative to the s.w.i.f.t. system or trying to circumvent the use of the u.s. dollar. russia and china have for five years been building up those relations, trying to go beyond using the u.s. dollar for making good on trade. using the yuan, which is the chinese currency, instead of the u.s. dollar. so what happens if you start to see an alliance of emerging markets come together to try and circumvent the u.s. sanctions and western sanctions? i think it s going to be important because by the way, we know that vladimir putin has been thinking about this, has been really meticulous in his planning. he knew that sanctions were going to come. he didn t understand the wrath and the full extent of it. but of course he was putting very important economic partnerships in place which would be difficult to break because it would come with a huge economic im

South africaMarket alternativeOn tradePresident putinMarket space