news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

recently, a piece of news from saudi arabia has attracted widespread attention from the international community. just as the chinese government leader was about to visit saudi arabia, saudi minister of industry and mineral resources bandar hulayev dropped a "blockbuster" in an interview with the media: saudi arabia is open to new ideas and new things such as using rmb in cross-border crude oil transaction settlement. this statement is like a stone thrown into a calm lake, causing ripples.

in detail, the timing of this meeting is extremely clever. according to the announcement of the chinese ministry of foreign affairs, from september 10 to 13, the chinese head of government will go to saudi arabia to host the fourth meeting of the china-saudi arabia high-level joint committee and visit saudi arabia and the united arab emirates. isn't the saudi minister's statement at this moment paving the way for the upcoming high-level meeting? although hulayev kept his mouth shut about the specific timetable, this statement undoubtedly gave the outside world unlimited room for imagination.

we all know that half a century ago, the united states and saudi arabia reached a deal that could be called the "deal of the century": saudi arabia used dollars to price oil, and the dollars earned were invested in u.s. treasury bonds, while the united states provided security for saudi arabia. in this way, the dollar and oil became a perfect match, and the dollar has thus firmly established itself as the top currency in the global monetary system. for so many years, the dollar has been like a domineering president, calling the shots in the international financial market.