Commentary
Saudi Arabia is unlikely to accept the Chinese yuan for oil despite strengthening ties with China.
Thinking About China
Opinion
Saudi Arabia Reluctant to Accept Chinese Yuan for Oil
Beijing attempts to internationalize the yuan
A billboard welcomes Chinese leader Xi Jinping ahead of his visit to Saudi Arabia, in Riyadh, on Dec. 7, 2022. Fayez Nureldine/AFP via Getty Images
Antonio Graceffo
Author
Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.
