Dec 17 2022
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…