Petroyuan
Trending in 2022
Like the petrodollar, except yuan (Chinese currency renminbi) instead of dollars.
China is considering paying the Middle East for oil in RMB, instead of the usual USD.
Trending in 2022
Like the petrodollar, except yuan (Chinese currency renminbi) instead of dollars.
China is considering paying the Middle East for oil in RMB, instead of the usual USD.