IPFS News Link • China
-
Special Editions
- Global
- Due Diligence
- Love Bus Liberty Tour
- Vaccine Education Summit
- Bitcoin Summit
- US-Arizona
- US-Tennessee
- Ernie's Favorites
- THE R3VOLUTION CONTINUES
- "It's Not My Debt"
- Fascist Nation's Favorites
- Surviving the Greatest Depression
- The Only Solution - Direct Action Revolution
- Western Libertarian
- S.A.F.E. - Second Amendment is For Everyone
- Freedom Summit
- Declare Your Independence
- FreedomsPhoenix Speakers Bureau
- Wallet Voting
- Harhea Phoenix
- Black Market Friday
IPFS News Link • China
The central bank of China has decided that it is "no longer in China’s
favor to accumulate foreign-exchange reserves". During the third
quarter of 2013, China's foreign-exchange reserves were valued at
approximately $3.66 trillion. And of course the biggest chunk of that was made up of U.S. dollars. For years, China has been accumulating dollars and working hard to keep
the value of the dollar up and the value of the yuan down. One of the
goals has been to make Chinese products less expensive in the
international marketplace. But now China has announced that the time
has come for it to stop stockpiling U.S. dollars.
Current News | Contents By Subject
Additional Related items you might find interesting:Related items:
News Link •
China
US Space Force General Says China's Military Developing Space Assets At "Breathtaking Speed
News Link •
Transportation
Elon Musk Makes Surprise Beijing Visit As Tesla Seeks Full Self-Driving Rollout
News Link •
Science, Medicine and Technology
China Claims New Breakthrough in Laser Propulsion Could Lead to Ultrafast, Stealth Submarines
News Link •
Science, Medicine and Technology
China unveils world's 1st diesel engine with 53.09% thermal efficiency
News Link •
Censorship