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Iran has announced that it will not attack any ship passing through the Strait of Hormuz if it meets two conditions: 1. It must not be affiliated with the US or Israel, and 2. It's cargo must be paid for in Chinese yuan.
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sree251
41-45, M
9 replies 35 views 1 day ago1 d
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DeWayfarer · 61-69, M
In other words it doesn't want to keep the straights open. 🤷🏻‍♂

Most ships pay in the currency whose flag they carry. Like German ships fly the German flag and pay in Deutschmark.

This is to avoid currency laundering.
+ 1 · Reply · Translate · 1 day ago1 d · Edited: 1 day ago
DeWayfarer · 61-69, M
@sree251
You can pay in Deutschmark or US Dollars but change them to Chinese yuan.

So you would have the yuan laundered! 😆

China would just love anyone for doing just that. Instantly destabilizing the yuan.
+ 0 · Reply · Translate · 1 day ago1 d · Edited: 1 day ago
sree251 · 41-45, M
@DeWayfarer
So you would have the yuan laundered! 😆

China is not the US.

China would just love anyone for doing just that. Instantly destabilizing the yuan

China is not a police state.
+ 0 · Reply · Translate · 16 hrs ago16 h
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Gibbon · 70-79, M
Because they don't want their precious island blown to kingdom come
+ 1 · Reply · Translate · 1 day ago1 d
MasterLee · 56-60, M
Funny they think they have a choice
+ 0 · Reply · Translate · 1 day ago1 d
 
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