Tom Kirkman + 8,860 May 4, 2018 Article worth reading, despite the unusual source. And time for me to add in that the potential clout of the PetroYuan should steadily increase. Which countries that China elects to import Oil & Gas and LNG from may help decide China's "PetroYuan checkbook diplomacy". (So far, I can't think of a better phrase to describe China's political intentions by using the force of their Yuan rather than military force. Anyone have a better phrase?) ================================= Shifting energy import patterns enhance China’s clout in the Middle East "The shifts in China’s energy imports coupled with China’s need to protect its interests means that the People’s Republic may be in a position to leverage its power in alternative ways. “This…gives China significant leverage to impose its preference in oil contracts and improve its own energy security. It also means that China has the capability to greatly determine the economic future of countries currently engaged in all the regional hotspots" Quote Share this post Link to post Share on other sites
Carlsbad + 19 CB May 4, 2018 Hence the desire to help Iran set up for LNG exports / south pars. China is the king of 'soft power'. Quote Share this post Link to post Share on other sites