China Could Recycle Hundreds of Billions of Dollars into Saudi Economy.

#brics #geopolitics #trade #investment

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Today we will look at how China is encouraging the territory of Hong Kong to deepen ties with the Kingdom of Saudi Arabia.

This is important because it is part of the de-dollarization process or the abandonment of the petrodollar system that has been in place since the mid-1970s.

America and its allies will continue to feel the effect of this via higher costs of goods and commodities in general as demand for dollars and other Western currencies wanes.