Global South


December 17, 2022

Daily Archives

  • Xi of Arabia and the petroyuan drive

    By Pepe Escobar and first posted at The Cradle

    It would be so tempting to qualify Chinese President Xi Jinping landing in Riyadh a week ago, welcomed with royal pomp and circumstance, as Xi of Arabia proclaiming the dawn of the petroyuan era.

    But it’s more complicated than that. As much as the seismic shift implied by…