“It’s A Huge Story”: China Launching “Petroyuan” In Two Months

– “It’s A Huge Story”: China Launching “Petroyuan” In Two Months:

“…the yuan-based oil contract will be a ‘wake up call’ for investors …besides serving as a hedging tool for Chinese companies, the contract will aid a broader Chinese government agenda of increasing the use of the yuan in trade settlement…it’s a ‘huge story’…”

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