I don't know if crashing the dollar is good for they yuan. In fact it has been a race to the bottom for years with currencies. Exporters want cheap money. Canada's economy had a great few years because the money was cheap vs the us. So a really strong petro yuan probably isn't wanted. Just a thought.
RE: Petro Yuan Just Launched! U.S. Petrodollar DOOMED as China Attempts To Control Oil Market!
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Petro Yuan Just Launched! U.S. Petrodollar DOOMED as China Attempts To Control Oil Market!
Definitely looking at all of these geopolitical events and seeing the effect. All countries are attempting to undermine their own currencies.
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