Comment on BHP agrees to settle some iron ore sales to China using RMB instead of USD
rcbrk@lemmy.ml 1 month ago
It seems strange that trade between China and Australia would be in USD.
Comment on BHP agrees to settle some iron ore sales to China using RMB instead of USD
rcbrk@lemmy.ml 1 month ago
It seems strange that trade between China and Australia would be in USD.
princessnorah@lemmy.blahaj.zone 1 month ago
Trade between most countries is settled in USD. Power of the petrodollar and all that.