Jim, as you prefer, I have already stayed in this country long enough to feel comfortable to be addressed by first name only<g>, but if you want to calll me Zhang, that is fine too.
<<So, to answer your question more directly, China can do what the US does to handle imports -- take money from its own M1 supply and ship it to the exporting country. Like I said, I don't really understand this too well, and I stand to be corrected.>>
I wish China could do that. Again, Chinese currency is not hard currency, that means most of other countries will only accept the hard currency from China, like US$ Japanese Yuan, etc., except in some south eastern countries, like SIngapore. |
