China is officially challenging the dominance of the Petrodollar. With global hegemony in this regard, China sees an excellent opportunity to make big changes. They import more oil than any other country, so why not take advantage of that? That’s their plan and they’re about to implement that beginning in 2018.
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Sources Used in This Video:
https://goo.gl/UpprQe
Exclusive: China taking first steps to pay for oil in yuan this year - sources
https://www.reuters.com/article/us-china-oil-yuan-exclusive/exclusive-china-taking-first-steps-to-pay-for-oil-in-yuan-this-year-sources-idUSKBN1H51FA
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