China Accelerates De-Dollarization by Backing RMB Bonds in Global Markets
As you dive into this blog post, you will discover how China is propelling de-dollarization by supporting RMB bonds in global markets. Explore the impact of these strategic moves and their implications on the global financial landscape. China Accelerates De-Dollarization…
Saudi Arabia Seeks China’s Renminbi for Oil Trade Amid BRICS Challenge to USD Using Gold-Backed Payment System
We are excited to explore the recent developments between Saudi Arabia and China, as Saudi Arabia looks to leverage the Renminbi for oil trade amidst the BRICS challenge to the USD. This bold move signifies a potential shift towards a…
The Demise of the Petrodollar: Yellen’s Ultimatum to Global Banks Signals a Shift to Pricing Oil in China’s RMB
As I delve into the world of international finance, I am intrigued by the recent developments signaling the demise of the petrodollar. Janet Yellen’s ultimatum to global banks highlights a significant shift towards pricing oil in China’s RMB. Join me…