Unlike the United States and Russia, which use knives and guns, China is walking a path of harmony and wealth.
Just when the eyes of the world are focused on the Russian-Ukrainian conflict, China and Saudi Arabia, the world's largest supplier of crude oil, signed a contract and counted banknotes.
Saudi Aramco ( Saudi Aramco ) , the world's largest oil company , announced on October 10 that it would cooperate in the development of a large-scale oil refining facility in northeastern China. The project consists of a 300,000 bpd refinery and vinyl steam crackers, and Saudi Aramco will supply up to 210,000 bpd crude feedstock, which is expected to be operational in 2024.
Screenshots of the network
This news may not make everyone feel hot enough, but the next two news in the Wall Street Journal will definitely make Biden think about tea.
1. At a time of tension between China and the United States, Saudi Arabia invited Chinese leaders to visit Saudi Arabia.
2. Saudi Arabia is considering replacing the dollar with a renminbi to export oil to China.
Jiang Pingzhou micro series network screenshots
This time it was directly moved to the "money bag" of the Americans, the hegemony of the dollar.
The reason why the United States can run amok in today's world is because of the four pillars of the United States:
1. Us military hegemony.
2, dollar hegemony.
3, public opinion hegemony.
4. Scientific and technological hegemony.
If you get one, you are the princes who dominate one side; if you get the second, you are the overlord of the first world; if you get the third, you can be said to be the overlord of the world; if you get the fourth, you are the co-lord of the world.
The main pillars of the four pillars are military hegemony and monetary hegemony, which complement each other, and a strong army can not only protect monetary hegemony, but also open up a financial fortress for money; and monetary hegemony can penetrate the enemy camp; it can also feed back the huge expenses of military hegemony.
If one of the two main beams and columns goes wrong, the other will be overwhelmed and eventually both will fall.
At present, only one of these three pieces of information is confirmed, the cooperation between PetroChina and Aramco, and the other two have not been confirmed by both sides.
If the "internal information" released by the US media is true, the use of RMB settlement in The Sino-Saudi Oil transaction is basically fixed.
In the past two years, due to the epidemic, China's offline diplomatic activities have decreased significantly, most of the diplomatic activities have been carried out through video, and the most recent foreign visit by leaders was on January 18, 2020, before the epidemic, to the neighboring country - Myanmar
After more than two years, the first time to go to Saudi Arabia during a foreign visit is indeed unexpected.
When leaders go abroad, they usually go to knock on the board.
For such an important foreign visit, the gifts from both sides must be very valuable.
There are really not many gifts that Saudi Arabia can come up with, and we can pay enough attention to perhaps only the oil yuan.
At this time, Saudi Arabia will also be given sufficient security weapons.
Saudi Arabia currently produces more than 7 million barrels of crude oil per day, of which 1/4 is sold to China, about 1.8 million barrels, which is Saudi Arabia's largest buyer of crude oil and the largest customer of The Right.
At the same time, China is Also Saudi Arabia's largest trading partner.
Under such circumstances, the use of the renminbi as the settlement currency for bilateral oil trade is not excessive at all, and it is reasonable.
As early as 2016, the mainland launched the oil yuan, with little success over the years.
In the 1970s, the dollar was separated from the gold standard in order to ensure the stability of the dollar exchange rate.
The United States has promised to provide absolute security for oil-producing countries on the condition that oil trade in oil-producing countries must be settled in dollars.
Oil-producing countries reinvest the dollars they earn back into the U.S. market, creating a dollar circulation that gives birth to the petrodollar.
Saudi Arabia's relationship with the United States has changed in recent years.
With the development of shale oil technology in the United States, the United States has jumped to become one of the world's largest energy producers, not only meeting domestic demand, but also having a large number of exports.
Saudi Arabia and the United States have gone from being partners to rivals.
The United States is no longer as committed to defending the relationship between the United States and Saudi Arabia as it once was.
Obama disregarded Saudi Arabia's interests and signed the Iran nuclear deal, which made Saudi Arabia extremely angry.
Saudi Arabia and Iran are both mortal enemies and rivals.
Releasing Iran will not only divide its own cake, but also make Iran stronger.
As a result, Saudi Arabia is angry, and Saudi Arabia's relations with the United States have been seriously damaged.
It was not until Trump took office that it was effectively improved.
On the one hand, Trump has implemented an extremely tough attitude towards Iran, and on the other hand, he has supported Saudi Arabia.
The first time he took office, he tore up the Iranian nuclear agreement and imposed new sanctions on Iran.
In the Saudi Crown Prince "Salman" killing reporter Khashoggi incident, Trump not only did not follow up on Western sanctions, but instead greeted Salman to visit the White House, and continued to promise to provide security protection for Saudi Arabia, while signing a hundred billion DOLLAR arms sales order, including the most advanced F-35 stealth fighter jet in the United States.
Saudi Arabia's good relations with the United States, as well as uncertainty about China's power, have always been skeptical of the oil yuan.
But with Biden taking office, the relationship between the United States and Saudi Arabia has once again been seriously damaged.
On his first day in office, Biden announced his return to the Iranian nuclear agreement.
A month after taking office, Biden demanded that Saudi Arabia end the Yemeni civil war and said that in the Yemeni civil war, the United States would no longer support Saudi Arabia and would no longer provide weapons for Saudi Arabia.
The Yemeni civil war was a struggle between pro-Saudi Yemeni government forces and pro-Iranian Houthi forces.
During the seven years of the Civil War in Yemen, Saudi Arabia sent money to the Yemeni government to send weapons, and the United States sided with the Uae alliance led by Saudi Arabia.
The United States released its sworn enemy, Iran, and sided with Saudi Arabia in the Yemeni civil war.
Subsequently, sanctions were also imposed on Saudi Arabia on the killing of journalist Khashoggi by Saudi Crown Prince "Salman".
At this time, Saudi Arabia no longer feels it, and it can no longer avoid re-evaluating its relationship with the United States.
With the withdrawal of U.S. troops from Afghanistan and its performance in the Russian-Ukrainian conflict, Saudi Arabia has fallen into panic and unease.
The U.S. retreat in Afghanistan has left the Saudis skeptical about the U.S. ability to protect itself.
As the U.S. abandons Afghanistan and Ukraine, Saudi Arabia begins to wonder if the U.S. is willing to protect the security of its allies.
In the Russian-Ukrainian conflict, the Western countries led by the United States have imposed crazy sanctions on Russia and confiscated the property of Russians without a bottom line, making Saudi Arabia feel an unprecedented threat.
Most of Saudi Arabia's assets exist in dollars.
If one day these sanctions fall on you, you will return to the pre-liberation period.
Even if you are lucky enough to escape this disaster, the uncontrolled printing of money in the United States and the continuous depreciation of the dollar are constantly devouring the purchasing power of the dollar in their hands.
If one day, the dollar really collapses, I will suffer with it.
Even if 10,000 lucky, none of the above happened, but after the Western bottomless sanctions on Russia, Sino-Russian trade was forced to shift to the renminbi as the settlement currency.
Along with their biggest rivals, Russia and Iran have accepted the oil yuan.
Saudi Arabia, which does not use the renminbi as the settlement currency, is certainly not a rival of Russia and Iran in China's energy market.
Not accepting the oil yuan at this time means that it will lose its biggest customer, which is fatal to Saudi Arabia.
Saudi Arabia knows very well that with the continuous popularization of new energy, traditional energy sources will be greatly squeezed, Saudi Arabia must transform rapidly, and only one country can help Saudi Arabia transform, China.
Moreover, Iran has signed the "China-Iran 25-Year Cooperation Agreement" and has taken the lead in the future transformation.
At this stage, safeguarding the hegemony of the dollar can neither bring security to oneself, nor can it bring dawn to oneself.
What is the point of maintaining dollar hegemony at such a high cost and high risk?
As for whether to accept the oil yuan, Saudi Arabia must be more anxious than China.
So it was Saudi Arabia that invited China, not China that invited Saudi Arabia.
Moreover, China and Saudi Arabia have always maintained good relations.
In 1985, when the United States was reluctant to sell missiles to Saudi Arabia, Saudi Arabia turned to China for help.
In the end, Saudi Arabia bid $100 million for a Dongfeng-3 missile, and bought a total of 35 missiles, with a total price of $3.5 billion, allowing China to make a lot of money.
Since then, Saudi Arabia and China have maintained good military and economic cooperation.
With Biden's blind tossing, Saudi Arabia's domestic opposition to the oil yuan is completely untenable.
It is already a matter of course that the Sino-Saudi oil transaction will be settled in RMB.
Just like RECP, the United States can't stop it if it wants to.
On the 18th local time, Reuters quoted a Saudi Foreign Ministry official as saying that Saudi Arabia looks forward to welcoming Blinken's visit and strengthening the ongoing "active" discussions, but the specific itinerary has not yet been determined.
Screenshots of previous reports on the Axios news website
This is even more humiliating than last year's trip to Southeast Asia by senior American officials.
You are welcome, but no specific itinerary has been determined yet.
Isn't this a phrase that Chinese often hangs on their lips: I have time to invite you to dinner!
———— thank you for your support, the article is a literary expression. Remember that any idea of adding a modifier is an expression of one's own opinion, which may be a little far from the truth. Don't take it too seriously, just for entertainment, don't sit in the right seat!