A stronger yuan brings its own problems to CCP planners. I wonder if they are going to de-emphasize their cheap-exports manic economy? 

Jorj_X_McKie

And the same for the Tweet from ZeroHedge:

> *SAUDI WEIGHS USING YUAN INSTEAD OF USD FOR CHINA OIL SALES: DJ

https://twitter.com/zerohedge/status/1503728802542854154

Along with the Quote Tweets for theirs as well:

https://twitter.com/zerohedge/status/1503728802542854154/retweets/with_comments

This replies to this Tweet are worth checking out:

> JUST IN - Saudi Arabia considers accepting #Yuan instead of #Dollars for Chinese oil sales, the WSJ reports.

https://twitter.com/disclosetv/status/1503728487840063491 

As are the Quote Tweets of it:

https://twitter.com/disclosetv/status/1503728487840063491/retweets/with_comments

cryptocoin

247bf84fda

[This would be] a move that would dent the U.S. dollar’s dominance of the global petroleum market and mark another shift by the world’s top crude exporter toward Asia.

The Saudis are angry over the U.S.’s lack of support for their intervention in the Yemen civil war, and over the Biden administration’s attempt to strike a deal with Iran over its nuclear program.

China buys more than 25% of the oil that Saudi Arabia exports. If priced in yuan, those sales would boost the standing of China’s currency.

bitcoin

Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales 

> [This would be] a move that would dent the U.S. dollar’s dominance of the global petroleum market and mark another shift by the world’s top crude exporter toward Asia.

> The Saudis are angry over the U.S.’s lack of support for their intervention in the Yemen civil war, and over the Biden administration’s attempt to strike a deal with Iran over its nuclear program.

> China buys more than 25% of the oil that Saudi Arabia exports. If priced in yuan, those sales would boost the standing of China’s currency.