Tag Archive: Reserve Currency

Tell us something we don’t already know…and we don’t need WSJ to tell us this…but [here you go]

”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.” [Read the rest here]

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