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China & Russia pledge 'changes not seen in 100 years': Xi & Putin take aim at US dollar hegemony

Geopolitical Economy Report

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The Impact of the US Economic Hegemony on the Petrodollar System

Iran and Saudi Arabia have China as their largest trading partner. Iran has already for a decade been selling its oil to China in the Yuan, not in the dollar. So this is a massive blow to the petrodollar system, US economic hegemony. And I'm going to look at what China has been saying here in an article in Global Times.

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