• redtea@lemmygrad.ml
    link
    fedilink
    arrow-up
    9
    ·
    edit-2
    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
      link
      fedilink
      arrow-up
      8
      ·
      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
        link
        fedilink
        arrow-up
        7
        arrow-down
        1
        ·
        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