China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a ...

Evidently, there have been earlier attempts to breach the hegemony of Petrodollars, for instance the launch of Petroyuan in March 2018.

The BRICS energy alliance has launched a coordinated system of petro-yuan oil contracts that directly challenges US dollar dominance in global energy markets. The expanded bloc controls 46 million ...

14:57 Petroyuan challenges petrodollar 16:09 Infrastructure 16:32 Belt and Road Initiative (BRI) 16:57 New Silk Road 17:32 Railroads linking China to SE Asia 18:59 Energy 19:54 China: world leader in ...