Sheikhs fall in love with renminbi

``The short point is, the renminbi, the "people's currency" also known as the yuan, is appearing in Doha. The China-United Arab Emirates (UAE) currency swap deal which was signed during Wen's visit to Abu Dhabi last week already brings the yuan to the Emirates. The deal with the UAE is worth US$5.5 billion... Evidently, China is placing itself in the middle of the divide in the Persian Gulf while strengthening its interests on both sides. How its newfound influence plays out will be interesting to watch. ''