Would you like to react to this message? Create an account in a few clicks or log in to continue.
'Mortal as I am, I know that I am born for a day. But when I follow at my pleasure the serried multitude of the stars in their circular course, my feet no longer touch the earth.'
Posts : 5737 áš : 6982 Join date : 2011-11-03 Location : The Stars
Subject: Red dragon Sun Feb 25, 2018 4:55 pm
What is China thinking?
Some moves:
-China is the largest manufacturing, export economy -China is buying up gold -China is slowly buying less US treasuries, and may stop altogether -China buys back excess US dollars (after trading its dollars for yuan on foreign exchange markets) which it cannot allow back into general circulation due to not wanting the US dollar to depreciate against the yuan; it then uses these excess dollars to buy even more US treasuries -Xi no longer has term limits -Xi declares China leader of globalization -Apple and Facebook CEOs meet with Xi in China (Oct. 2017) -Obama, no longer president, meets with Xi in China (Nov. 2017)