BEIJING, March 31. /TASS/. China doesn’t rule out possible use of rubles or yuans in trade in energy sources with Russia, the Chinese foreign ministry told TASS on Thursday.

"Market players are free to choose the currency in bilateral settlements," the ministry said when asked whether China is ready to use rubles or yuans, instead of US dollars, to pay for Russian energy sources. "The use of own national currencies in the process of regular trade and economic cooperation may help avoid currency risks and reduce losses stemming from currency exchange."

According to the Chinese foreign ministry, Chinese companies plan to make wider use of rubles or yuans in trade with Russia "on the equal and mutually beneficial basis, with due account of changes on the market." "Naturally, we will use currency of other countries due to various considerations," the ministry said.

The Wall Street Journal said earlier, citing well-informed sources, Saudi Arabia is looking at the possible use of yuans instead of US dollars to pay for oil exports from China. Such a step Can weaken the US dollar’s domination on the global on the world energy market.