that one of the few cases that has actually happened, you know, China Development Bank and Export-Import Bank provided billions of remmb's worth of loans to a Russian company to build an LNG extraction facility in the Arctic. Now the Russian company then used those loans to pay Chinese manufacturers to build the facilities for that factory. Okay, so far so good, the loans in remmb and the loan has been used to pay Chinese suppliers. Then what happens is that the Russian company said, okay, we will sell some of this LNG to China in remmb. And so it's you have this perfect closed loop, this perfect closed cycle where the debts in remmb, the debt is used to buy Chinese goods, and then they pay off the debt using remmb income. So that's one of the visions. But at the same time, there's also this recognition that that model can only go so far. So a big part of the long-term project is trying to get the center of gravity for pricing of global commodities to migrate from the United States to (22/40)
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