In These New Times

A new paradigm for a post-imperial world

Petrodollar faces growing threat from the East

Posted by seumasach on April 29, 2017

Asia Times

27th April, 2017

While the recent raft of Sino-Saudi trade agreements benefited Chinese soft power in protecting Xinjiang, and the Saudis by diversifying their economy, China’s slow intertwining with Saudi Arabia complements the Sino-Russo alliance. Primarily, its benefits could lead to a realistic threat to the petrodollar.

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