China Taking the Long Road to Solve the Petro-Yuan Puzzle

China Taking the Long Road to Solve the Petro-Yuan Puzzle

Few geoeconomic game-changers are more spectacular than yuan-denominated future crude oil contracts – especially when set up by the largest importer of crude on the planet. And yet Beijing’s media strategy seems to have consisted in substantially play down the official launch of the petro-yuan at the Shanghai International Energy Exchange. Still, some euphoria was…

Will the Putin-Xi Era Supersede the Western Liberal (Dis)Order?

Will the Putin-Xi Era Supersede the Western Liberal (Dis)Order?

The Chinese constitutional amendment allowing Xi Jinping the possibility of further presidential terms — staying in power long enough to bring “national rejuvenation” combined with the Russian election re-confirming Vladimir Putin in the presidency have assured consistency and continuity for the Russia-China strategic partnership way into the next decade. This will facilitate the interaction between…

Snow White and the Seven Dwarfs

Snow White and the Seven Dwarfs

The Russian presidential elections are blissfully over, for they were extremely nasty and embarrassing. Mr Putin could have won more modestly and plausibly. The election results would make Turkmenistan proud, if not North Korea. The turnout was quite high, 68%. The incumbent President received almost 77% of the vote, while his main contender Mr Grudinin’s…