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Is China set to junk the global dollar hegemony?

Beijing will soon launch a yuan-denominated crude oil futures market that may eclipse the hitherto dominant dollar-based Brent and West Texas Intermediate (WTI) exchanges. In an additional challenge to the dollar’s role as the global reserve currency, the new “petro-yuan” will be convertible into physical gold at the Shanghai and Hong Kong gold exchanges.   China had shrewdly plotted the dollar’s dethronement for years. While less than one percent of New York’s COMEX transactions are converted into...

Опубликовано:
08.10.2017 00:42:31

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  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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