Will Saudi Arabia announce the yuan will be accepted as alternative to the US dollar for oil purchases by the end of 2023?

Question

Resolves YES if Saudi Arabia announces they will accept Chinese Yuan as an alternative to the US Dollar to settle oil purchases by the end of 2023. Resolves NO if not.

While visiting Saudi Arabia in early December 2022 Xi Jinping called for this specifically at a summit of Arab leaders.

Dec 2, 11:52pm: Will Saudi Arabia announce the yuan will be accepted as alternative to the US dollar for oil purchases by the end of 2022? → Will Saudi Arabia announce the yuan will be accepted as alternative to the US dollar for oil purchases by the end of 2023?

Manifold Markets · Accepted Answer

No — resolved on Jan 1, 2024 by Manifold Markets prediction market.