[JPJones]

If china dumps the dollar then aren’t they shooting themselves in the foot in terms of what they’re going to have to pay for oil?

[Alberta's Child]

Maybe, but maybe not. If China's currency were to RISE against the dollar, then they'd be paying less for oil than they do right now.

It is my belief that China can't de-link the yuan from the dollar because the yuan would actually FALL against the dollar over the long term (it's basically a worthless currency on its own).