Posts tagged with the keyword: ‘china’

China’s Dumping Of The Dollar Has Begun

China’s Dumping Of The Dollar Has Begun

BusinessInsider – Dec 17th 2009.

China, once a proud holder of United States post-World War II debt, is getting scared.
For years the People’s Republic has bought U.S. Treasuries, eventually becoming the largest holder of U.S. debt ($799 BILLION to be exact!). Those days are long gone, though.
During 2009, China hasn’t been buying many Treasuries and has [...]

China quietly introduces new financial system

China quietly introduces new financial system

China has stealthily introduced a new financial system based on the renminbi which is well on its way to becoming fully convertible, according to a high-level Chinese source. In addition, China is purchasing 10,000 tons of gold to back up a new fund designed to develop and market heretofore forbidden and suppressed technologies. The fund [...]

Nine countries of “ALBA” abandon dollar for new currency

Nine countries of “ALBA” abandon dollar for new currency

Latin American leaders agreed here on the creation of a regional currency, the Sucre, aimed at scaling back the use of the US dollar.
Nine countries of ALBA, a leftist bloc conceived by Venezuelan President Hugo Chavez, met in Bolivia where they vowed to press ahead with a new currency for intra-regional trade to replace the [...]

Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading

Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading

Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading
By Robert Fisk
Tuesday, 6 October 2009
In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving [...]

Weather manipulation for China’s Parade the cause of Four tropical cyclones?

Weather manipulation for China’s Parade the cause of Four tropical cyclones?

Four tropical cyclones, two major earthquakes with accompanying tsunamis, all occurring around the Western Pacific and Southern Asia within one day.
This morning as I cycled into work at about 7.30am (the parade starts at 10am) and the fog/smog was so thick that the famous ‘pair of trousers’ CCTV building was visible only as two ‘legs’ [...]

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