Re: China Says the End of the Dollar is Near...... Wollibird says, no big deal

On Jan 17, 1:45 pm, Tashi <dewachen1...@xxxxxxxxx> wrote:
On Jan 17, 12:09 pm, wollybird <wollyb...@xxxxxxxxxxxxxxx> wrote:





On Jan 17, 8:50 am, Tashi <dewachen1...@xxxxxxxxx> wrote:

BEIJING—Chinese President Hu Jintao emphasized the need for
cooperation with the U.S. in areas from new energy to space ahead of
his visit to Washington this week, but he called the presentBEIJING—
Chinese President Hu Jintao emphasized the need for cooperation with
the U.S. in areas from new energy to space ahead of his visit to
Washington this week, but he called the present U.S. dollar-dominated
currency system a “product of the past” and highlighted moves to turn
the yuan into a global currency.
“We both stand to gain from a sound China-U.S. relationship, and lose
from confrontation,” Mr. Hu said in written answers to questions from
The Wall Street Journal and the Washington Post.
Mr. Hu acknowledged “some differences and sensitive issues between
us,” but his tone was generally compromising, and he avoided specific
mention of some of the controversial issues that have dogged relations
with the U.S. over the past year or so—including U.S. arms sales to
Taiwan that led to a freeze in military relations between the world’s
sole superpower and its rising Asian rival.

http://online.wsj.com/article/SB1000142405274870355160457608580380177....

This is a re-run.
You should spend your valuable Chinese fear mongering time on the PLA
and Korea.

  Thanks again Wolli, I feel so much better now, I know in times of
fear I can count on you to help me through it.......- Hide quoted text -

- Show quoted text -

can you say coup d'etat?
http://ftalphaville.ft.com/blog/2011/01/17/460876/china-rock-inflation-hard-place/
.

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