Yuan

China calls for oil to be swapped with yuan at Gulf summit in Saudi Arabia

China calls for oil to be swapped with yuan at Gulf summit in Saudi Arabia

Former senior adviser to Secretary of State Pompeo Mary Kissel reacts to Xi Jinping’s meeting with the Saudi crown prince, telling ‘Mornings with Maria’ that it is an “important strategic move by China”. Chinese President Xi Jinping on Friday called on leaders of major oil-producing nations to conduct oil sales using the Chinese yuan as …

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Singles' Day Sales in China Could Surpass 1 Trillion Yuan Even as Economy Cools |  CNN Business

Singles’ Day Sales in China Could Surpass 1 Trillion Yuan Even as Economy Cools | CNN Business

hong kong CNN Business — Singles Day in China, the largest in the world annual trade event, is known for regularly breaking sales records. This year’s windfall, which ends Friday and is led by internet titans Alibaba (BABA) and JD.com (JD), is likely to be no exception: first time. Singles Day typically eclipses two of …

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