Xi Jinping Calls For Oil Trade In Yuan

Xi Jinping calls for oil trade in Yuan. The Chinese leader declared that his visit marked the beginning of a new era in relations.

On Friday, President Xi Jinping informed the leaders of the Gulf Arab nations that China would seek to purchase gas and oil in yuan, a gesture that would promote Beijing's intention to establish its currency globally, reports Gulf News.

Xi was speaking in Saudi Arabia, where Crown Prince Mohammad bin Salman had hosted two "milestone" Arab summits with the ...

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