Visitors to an exhibit of art works that gives the illusion of being three dimensional pose near a scene showing late Chinese leader Mao Zedong with the Chinese yuan note and former U.S. President Abraham Lincoln with the U.S. dollar note in Beijing. (AP/Ng Han Guan)
China Rising

Will Petrodollar Give Way to Petroyuan? China Makes First Move this March

The coming introduction of a “petroyuan” marks one of the most significant bids to date by countries seeking to dump the U.S. “petrodollar.”