The Saudis' Move From the Dollar to Something Other

Saudi Arabia is the world's largest oil exporter and they have started to accept payment from a number of Chinese government entities in Yuan. There's no sign that they're changing the reserves and I wouldn't expect that to happen because there's a specific rationale here. They basically have modeled themselves off of a medieval fiefdom and so they think that bribes work really well in order to get what you want.