In Unprecedented Move, China Plans To Pay For Oil Imports With Yuan Instead Of Dollars | By DAHBOO77 | #YouTube

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Just days after Beijing officially launched Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the third global price benchmark along Brent and WTI, China took the next major step in the challenging the Dollar's supremacy as global reserve currency (and internationalizing the Yuan) when on Thursday Reuters reported that China took the first steps to paying for crude oil imports in its own currency instead of the US Dollars. Learn More: https://ift.tt/2uxOqEV Your Support of Independent Media Is Appreciated: https://ift.tt/2oZLHxr Btc- 1Nmcbook8TwAdtZHsMdVxRtjBnyrSArDH5 https://ift.tt/2roGnqI https://ift.tt/1hNd0US https://ift.tt/2r1spsy My Other Youtube Channel- https://www.youtube.com/Dahboo777 https://twitter.com/dahboo7 https://ift.tt/1hNd0UR https://ift.tt/1UeAg0I