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OUR COLUMNIST
    Mahdi Darius NAZEMROAYA

Washington’s Financial / Currency War on China: Eclipsing of US Dollar by Yuan

The Chinese are in the process of displacing the monopoly of the US dollar. They are dropping their US Treasury bonds, stockpiling gold reserves, and opening regional distribution banks for their own national currency. This will give them easier access to capital markets and insulate them from financial manipulation by Washington and Wall Street...

30.08.2015
 
 
 
 
 
 
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