The state utility now provides less than a third of the country’s electricity, a victim …
Read More »Why China’s yuan is unlikely to see boost from Saudi entry to BRICS
Oil transactions between China and the Gulf may be settled in Chinese currency, but experts do not foresee an end to the dollar’s dominance soon. As Saudi Arabia eyes entry into the BRICS group of nations, there are fears that the kingdom’s vast oil reserves alongside China’s economic power could …
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