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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (12231)	10/20/2017 10:08:36 PM
From: RealMuLan	Respond to of 12464

?TED?Micheal Bates:The Miracle of China’s Development youtube.com

To: RealMuLan who wrote (12231)	10/22/2017 11:49:04 AM
From: RealMuLan	2 Recommendations Recommended By 3bar bruiser98 Read Replies (1) \| Respond to of 12464

"Xi did not spell it out, but Beijing will do everything to stay as independent as possible from the Western Central Bank system, with the Bank of International Settlements (BIS) to be avoided in as many trade deals as possible to the benefit of yuan-based transactions or outright barter. The petrodollar will be increasingly bypassed (it’s already happening between China and Iran, and Beijing sooner rather than later will demand it from Saudi Arabia.) The end result, by 2050, will be, barring inevitable, complex glitches, an integrated market of 4.5 billion people mostly using local currencies for bilateral and multilateral trade, or a basket of currencies (yuan-ruble-rial-yen-rupee). Xi has laid China’s cards – as well as the road map – on the table. As far as the Chinese Dream is concerned, it’s now clear; Have BRI, Will Travel." atimes.com