China Ditches US Dollars in New Brazil Agreement, Settles First LNG Trade in Yuan

China settled its archetypal acquisition of liquefied earthy state (LNG) successful the yuan arsenic the world’s second-largest system continues to accelerate the currency’s beingness successful the planetary market. China National Offshore Oil Corporation (CNOOC), the country’s largest offshore lipid and state producer, acquired an LNG shipment from France’s TotalEnergies done the Shanghai Petroleum and Natural Gas Exchange (SHPGX), according to Reuters, ci...