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Actually, glad you posted ctindale,I rephrase, the word reserve...

  1. hotcopinvestor
    2,737 Posts.
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    11/03/11
    22:05
    Post #: 8040396
    Actually, glad you posted ctindale,
    I rephrase, the word reserve was not used in the article, but it is mentioned the ultimate aim for the yuan is to be the dominant currency.
    I won't comment on the 25% printing, as printing should accompany economic growth. How a receeding economy like the USA, can justify excessive printing with benefit to the world as a whole is the big question to be asked!!
    I beg to differ if you think the Chinese currency will not have an eventual negative impact on the USA dollar!
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