Xi’s Petroyuan Dream Gets New Life From Trump’s War in Iran

The war in Iran is spurring a fresh wave of enthusiasm over prospects for China’s currency to more effectively rival the US dollar.

By Charlie Zhu, Yujing Liu, Qizi Sun, Andrey Biryukov, Wenjin Lv · Bloomberg Markets

The war in Iran is spurring a fresh wave of enthusiasm over prospects for China’s currency to more effectively rival the US dollar.