World News@lemmy.worldEnglish · 2 years ago

China-Saudi Sign $7bn Currency Swap Deal in Fresh Hit to Dollar

www.asiafinancial.com

China-Saudi Sign $7bn Currency Swap Deal in Fresh Hit to Dollar

www.asiafinancial.com

kashara@lemmy.zip to

World News@lemmy.worldEnglish · 2 years ago

China, Saudi Arabia agreed to a currency swap agreement worth $7 billion, giving a fresh push to Beijing’s efforts to challenge the dollar

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Quokka@quokk.au
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https://oec.world/en/profile/bilateral-country/chn/partner/sau

Next largest seem to be chemicals, possibly a byproduct of petroleum industry?
- AnUnusualRelic@lemmy.world
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  Unless they managed to sell them on the benefits of camel urine, that’s the most likely.

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