• redtea@lemmygrad.ml
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      1 year ago

      I think Shrike is asking, if they’re not using the petrodollar, why use Yuan rather than the other country’s currency.

      Edit: Bolivia uses the Boliviano.

      • LoveSausage@lemmygrad.ml
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        1 year ago

        Well because you need a large stable currency that all agrees on. Yuan or bolivares? What would you like to be paid with?

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          1 year ago

          probably cause there is already a system set up for doing transfers and it’s a lot of work to make your own, and they already do a bunch of trade with China