Tue, Dec 16

NEWS: The Petrodollar vs. the Electroyuan

The so-called “petrodollar” built America’s fossil-fueled dominance across the globe last century. But as global alliances shift from oil tankers to gigafactories, a question is cropping up: Is China’s “electroyuan” angling for the same role in a decarbonized world? By tying cheap green tech exports to yuan loans, the PRC is offering emerging economies an energy transition starter pack.

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