China’s Global Economic Juggernaut Status Could Get Big Boost Thanks to Growing Power of Petroyuan
The Chinese government issued its first petroyuan-denominated long-term oil trading contracts in the spring of 2018, with the move posing an audacious challenge to the petrodollar – the powerful instrument of global trade and finance ensuring the US dollar’s status as the de facto world reserve currency for over 50 years now.
Discuss on Nostr!
Nostr Note ID note1sjnr5zr4xpm9g8qxfntxqj59dudkvr3ttatakm82nhwn7ddpecrqtxzvjw Open on Primal.net Open on Snort.social Open on Iris.to Open on Coracle.social
New to Nostr?
Create an account now & join the conversation!
Promote it on DissentWatch!
- To advertise this post for $0.02 per visit send bitcoins to the address below
- The post will be promoted daily via social media & our "Featured News" display in multiple places
- You can add more anytime
- Ranking order in the Featured News box is based on the balance remaining
Received: 0 mBTC (0.00 USD)
Spent: 0 mBTC (0.00 USD)
Balance: 0 mBTC (0.00 USD)
The amounts above may be lagging behind. If you just sent a payment click below to get more up to date results and push the post to the "Featured News" box faster.