China’s Attack on Petrodollar Dominance Reaches New Height | The Gold Spot
China’s Attack on Petrodollar Dominance Reaches New Height | The Gold Spot

If crumbling domestic markets weren’t enough to worry investors, China’s outright attack on the US economy should do the trick.

Earlier this week, Xi Jinping further solidified China’s dominance on the global stage by securing its first liquid natural gas purchase from the UAE in Yuan - signaling the inevitability of the Petroyuan.