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ASIA TIMES – Few geo-economic game-changers are more spectacular than yuan-denominated future crude oil contracts – especially when set up by the largest importer of crude on the planet.

And yet Beijing’s media strategy seems to have consisted in substantially play down the official launch of the petro-yuan at the Shanghai International Energy Exchange. CONTINUE READING

2 thoughts on “What You Need To Know About The Just-Launched Petro-Yuan”
  1. That’s right China, just $21 trillion and change and you can own the U.S. and all its territories. I love Chinese food. Communist dictators might not be so good though. I’m certain many, tens of millions, would be slaughtered. Did someone say, “WW3?”

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