Xi Jinping has made an offer difficult for the Arabian Peninsula to ignore: China will be guaranteed buyers of your oil and gas, but we will pay in yuan.
Continue reading Xi of Arabia and the Petroyuan DriveTag Archives: petroyuan
Say Hello to Russian Gold and Chinese PetroYuan
The Russia-led Eurasian Economic Union and China just agreed to design the mechanism for an independent financial and monetary system that would bypass dollar transactions.
Continue reading Say Hello to Russian Gold and Chinese PetroYuan
China Can Succeed With Petro-Yuan Where Gaddafi Failed
Muammar Gaddafi wanted to shatter the dominance of the greenback in the Middle East by introducing gold-backed dinar, but failed. China has a chance to finish what she started, one industry expert has told RT. Continue reading China Can Succeed With Petro-Yuan Where Gaddafi Failed