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China’s Rising Influence in the Middle East

China in the World

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The Economic Impact of Renminbi Internationalization in the Middle East

Saudi Arabia and Iran, for example, using renminbi in trading oil instead of US dollars. I want to get your sense of whether you think this will be harmful to US influence in the Middle East over the long term. How serious of a trend is this and what can we expect on that? Thank you. You just want to ask you the same question.

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