The ‘Petrocurrency’ Determinants in Growing Sino-US Confrontation: Implication for South Asia
Journal: Strategic Studies
Year: 2023

The purpose of this article is to identify the areas where China’s internationally rising monetary and petrocurrency influence is likely to conflict with the US’s monetary as well as strategic interests. It is assumed that China’s creation of mutually financially supportive networks of economic, monetary, petrocurrency as well as highly innovative and expanding defence industrial structures are sources of generation and reinvestment of revenues and surpluses which are directly coming in conflict