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China sees new world order with oil benchmark backed by gold

Posted by seumasach on September 3, 2017

Nikkei Asian Review

1st September, 2017

DENPASAR, Indonesia — China is expected shortly to launch a crude oil futures contract priced in yuan and convertible into gold in what analysts say could be a game-changer for the industry.

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This entry was posted on September 3, 2017 at 3:49 pm and is filed under Currency Wars, Multipolar world. Tagged: , , . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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