Opinion

Petroyuan ambitions highlight China’s growing assertiveness on global stage

Tying yuan to crude oil transactions part of China’s larger goal to internationalise its currency, but challenges remain

Jostling for position: President Xi Jinping want China to be a counterbalance to Western influence.
Jostling for position: President Xi Jinping want China to be a counterbalance to Western influence.Photo: AP/SCANPIX
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Published 29 March 2023, 22:30Updated 30 March 2023, 15:55