Mighty_Dragon_Strike
Trusted Member
Saving money is good, and China can easily replace Iranian supplies of oil, with no issues at all.
theoretically, thats why deals were made off the books, to hide the Chinese weakness
the more the weight of the purchase, the less chance of next price offered being lower (in $ terms!)
thats why
OTOH, if deal is done, off the books for the exchange of good, historical $ price is taken (as MTM value does not need to be known!)






