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Russia is preparing to issue its first federal loan bonds denominated in Chinese yuan.
Tall windows in the living room looked out over the imperious spires of the Kremlin. By that time, the House on the Embankment was popular with expats, and was known for its proximity to a stretch of bars and night clubs in a renovated industrial space that once belonged to the Red October candy factory.
A design-and-architecture institute had just opened down the road; I often took my laptop and worked in its café, which was decorated with vintage furniture.
Financial regulators from the two countries agreed last May to issue home currency-denominated bonds in each other’s markets, a move that was widely viewed as intended to “dethrone” the US dollar.
China looks for tips from Russia on state economy revamp The People’s Bank of China, appointed the Industrial and Commercial Bank of China as the yuan clearing bank in Moscow in September, laying the foundations for the issue of yuan bonds in the Russian market.
The most striking thing about the building was, and is, its history.
In the nineteen-thirties, during Stalin’s purges, the House of Government earned the ghoulish reputation of having the highest per-capita number of arrests and executions of any apartment building in Moscow.
He is sixty years old, with a gray beard and wavy hair, and is one of the most reliably fascinating storytellers I know.
He and his wife live in an apartment not far from mine that was originally occupied by his grandfather, who was the Soviet Union’s chief literary censor under Stalin.
Will warmer ties between US and Russia leave China out in the cold?Tags: Adult Dating, affair dating, sex dating