Is China set to junk the global dollar hegemony?
... 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 ... ... chasm between offshore (CNH) and onshore (CNY) yuan which traditionally hindered the currency’s mass appeal. Beijing’s petro-yuan strategy naturally includes incentives and penalties. Saudi Arabia, the lynchpin of the global petrodollar regime, ...
08.10.2017