Fighting in the Middle East seems to have delivered a setback to Beijing’s long-perused campaign to chip away at the U.S. dollar’s global dominance.
Forty years of leverage have inverted. The chokepoint Tehran once wielded against the world has become the world’s tourniquet on Tehran.
Beijing’s pennies apparently buy pounds in Sacramento.
The new pact targets China’s energy lifelines.
Fighting in the Middle East seems to have delivered a setback to Beijing’s long-perused campaign to chip away at the U.S. dollar’s global dominance.
Forty years of leverage have inverted. The chokepoint Tehran once wielded against the world has become the world’s tourniquet on Tehran.
Beijing’s pennies apparently buy pounds in Sacramento.
The new pact targets China’s energy lifelines.