China’s Recent Situation Beyond the U.S

(1)Last December, in front of Arab leaders
(2)Chinese President Xi Jinping Declared Dollar Hegemon

(1)It imported 65,000 tons of liquefied natural gas from the Middle East in three months
(2)I paid for the yuan for the first time

(1)Subtitle News 2030
(2)The Petrodollar system that Saudi Arabia agreed with the U.S. to pay for crude oil only in dollars was broken

(1)Chinese President Xi Jinping
(2)Make the most of the Shanghai Oil and Gas Exchange as a platform
(3)WILL PROMOTE RMB SETTLEMENT FOR OIL AND GAS TRADE

(1)On top of that, Brazil, Latin America’s largest trading partner, agreed to settle the yuan
(2)It shook the dollar’s position even further

(1)Caption news, YOUUNDI
(2)Brazil and China also agreed to use the Chinese-made yuan payment system instead of Swift, the decedent of dollar payments, in the wake of the summit

(1)Brazilian President Lula Daciuba
(2)Every night I ask myself
(3)Why should all countries trade on a dollar basis SSE

(1)In Russia, which has been excluded from the dollar settlement network since the invasion of Ukraine, the yuan has become a settlement currency

(1)Caption news. WORLO
(2)Bangladesh also decided to pay Russian payments in yuan

(1)linked to the role of the dollar
(2)Financial sanctions are
(3)as time goes by
(4)Hegemony of dollars
(5)There is a risk of aggravation.”
(6)U.S. Treasury Secretary Janet Yellen says financial sanctions linked to the role of the dollar risk worsening the dollar’s hegemony over time