Home > Uncategorized > On substituting the petro Dollar China`s

On substituting the petro Dollar China`s

On substituting the petro Dollar
China`s ever-growing energy dependence highlights the necessity of establishing a yuan-denominated international energy pricing system. This is an inevitable path for the rise of the yuan`s status in international energy trade. It is also a crucial step toward the yuan`s internationalization.
http://news.xinhuanet.com/english/indepth/2012-04/28/c_131557685.htm

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