China Crude Oil Future

Geo-energy Meets Geopolitics: China’s New Crude Oil Future

In September, China announced its plans to launch an RMB-dominated crude oil futures contract that will be also convertible to gold. The move allows Beijing to extend RMB’s reach in global energy markets, increase RMB-denominated transactions, and subsequently reduce dollar’s dominance as one of the world’s leading reserve currencies. However slow the process, the energy…

global transportation logistics

A New Paradigm in Global Transportation Logistics

China’s rapidly advancing Belt and Road Initiative (BRI), still known in certain circles as the New Silk Road, relies heavily on the buildout of a complex transportation infrastructure that spans much of China’s Westernmost and the Eurasian landmass. The focus of BRI’s transportation infrastructure is on rail links that already cover destinations across Eurasia, including Tehran, London,…