Saudi Arabia Weighs Using Yuan for Chinese Oil Sales: DJ

Saudi Arabia Weighs Using Yuan for Chinese Oil Sales: DJ

Assessment

Interactive Video

Business, Social Studies, Engineering

University

Hard

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The transcript discusses Saudi Arabia's potential shift from using the US dollar to the yuan for crude sales to China, marking a significant geopolitical move. This shift is seen as part of Saudi Arabia's broader strategy to strengthen ties with China while sending a message to the US, particularly the Biden administration. The relationship between Saudi Arabia and China has improved, and Saudi Arabia is signaling its willingness to explore new alliances.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the potential interest of Chinese buyers in Saudi Aramco signify?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what context did Mohammed bin Salman express his disregard for President Biden's opinion?

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