Is China set to junk the global dollar hegemony?

... Texas Intermediate (WTI) exchanges. In an additional challenge to the dollar’s role as the global reserve currency, the new “petro-yuan” will be convertible into physical gold at the Shanghai and Hong Kong gold exchanges.   China had shrewdly plotted ... ...     Ultimately, the RIC (Russia, India and China) nations may "weaponize" their gold holdings to ring-fence the Greater Eurasian economy from surging exogenous risks. China and Russia are coincidentally among the top three gold producers ...