The China in Africa Podcast cover image

[GLOBAL SOUTH] Bad Takes: What the News Media Got Wrong About Xi's Trip to Saudi Arabia

The China in Africa Podcast

00:00

Oil - Is the RMB a Good Reserve Currency?

Chinese President Xi Jinping wants Gulf countries to use the RMB, the Chinese Yuan more in buying oil. Peter Bergen: There's a reason why they do it in the US dollar. It's not to support the US, it supports their own interests, right? "I think that one thing China's been doing recently is they've been creating an alternative narrative," he says.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app