information. was that more on that now let's cross to john young chong he's an
assistant professor of political science at the national list of singapore thank
you for joining us here and i take firstly china and russia's economic ties are
developing rapidly with both expanding their national currencies as opposed to the
dollar how important do you think that is in times of global economic instability.
i think what the two countries are doing is probably to act as
a hedge against any instability in the u.s.
dollar which is perfectly understandable given the fact that you know the u.s.
economy seems. the recovery seems slightly shaky but i think even then there is
it's not possible i think that the two countries have a clean break from the u.s.
dollar in part because the chinese yuan as you know is not for me floating and part
of its value is sort of. tied with us to now try to has expressed
concern over a u.s.
plan to sift most of its warships to the pacific region by twenty twenty...