Chinese President Xi Jinping called on the top oil producing nations to accept oil purchases with the Chinese yuan in a move to boost nation's currency.
on Friday called on leaders from the top oil producing nations to conduct oil sales by using the Chinese yuan as he looks to bolster his country’s currency.
In this photo made available by Saudi Press Agency, SPA, Saudi Crown Prince and Prime Minister Mohammed bin Salman, right, greets Chinese President Xi Jinping, during the Gulf Cooperation Council Summit, in Riyadh, Saudi Arabia, Friday, Dec. 9, "China will continue to import a large amount of crude oil from the GCC [Gulf Cooperation Council] countries, expand imports of liquefied natural gas, strengthen the engineering services in oil and gas upstream development and the cooperation in storage, transportation and refining," Xi said.
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