Petro-Yuan is a Financial Game Changer

in #china7 years ago

China is planning to trade its oil using its national currency, the yuan. The stock market is still in a bear market. This could continue the growth of Chinese and Russian dominance in the market.

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Anyone earning in Yuan will be gradually increasing their purchasing power through time.

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The Petro Yuan is a serious story that is not being reported. People are too busy focusing on 'trade war' posturing and missing the real story here.

Trump probably started the trade war over this, but doesnt want to highlight the issue. Doesnt make sense to advertise the competitors product.

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