[Manthink]

US visit taiwan also  what wrong with US visit china  US visit anyone and at anytime of their choosing they wants  what wrong with that

Not sure why ur sudden OT to Taiwan province...Can tell why "US visit taiwan" ?  To Sell more weapon izzit ?

[grotesqueness]

Not sure why ur sudden OT to Taiwan province...Can tell why "US visit taiwan" ?  To Sell more weapon izzit ?

BECAUSE CH 8 ASK FOR IT

[Manthink]

Now, yes  But future maybe different

Hvn't you notice the future be arrive sooner than predicted ?  

https://www.scmp.com/economy/china-econo...rpass-2030

[Manthink]

BECAUSE CH 8 ASK FOR IT

LOL! Like I have said - Why worry for grotesqueness  lack of common sense when he cannot even FACT CHECK the source of his little OT...

https://www.scmp.com/news/china/society/...c-incident

[grotesqueness]

LOL! Like I have said - Why worry for grotesqueness  lack of common sense when he cannot even FACT CHECK the source of his little OT...

https://www.scmp.com/news/china/society/...c-incident

[Manthink]

So the USD  is no more the currency of trade.................

Haven't u been reading Straits Time lately ?

ST (30 Mar 2023) BRASILIA - China and Brazil have reached a deal to trade in their own currencies, ditching the United States dollar as an intermediary, the Brazilian government said on Wednesday.

https://www.straitstimes.com/world/china...-for-trade

[Manthink]

*rubbish snipped*

LOL! What a cringey reaction.

[aiptasia]

hey

hello


i got four passports

you have?

Thanks for confirming that you are a Chao foreigner

[Tee tiong huat]

So the USD  is no more the currency of trade.................

Both to...Brazil and China have moved towards a tighter trade integration, having processed their first bilateral settlement using the Chinese yuan. 

The first transaction was processed by the Industrial and Commercial Bank of China (ICBC), the bank designated by the Chinese government to act as a clearing institution for Brazilian companies. Both is Happy. 

[Scythian]

It has always been that way - just that the Chinese was (and still is) developing towards a more open financial system.
That's why SG is one of the few countries that as RMB-clearing house supported by gov's Monetary Authority of Singapore ?

https://www.cnbc.com/2014/04/28/singapor...enter.html

New Development Bank setup in 2014 HQ in Shanghai has opened branches in Brazil and South Africa.

BRICS Bank will become Central Bank

Will soon be opening in Moscow and India, a strategy to support liquidity (even W/O USD) in events of war.

[Manthink]

New Development Bank setup in 2014 HQ in Shanghai has opened branches in Brazil and South Africa.
BRICS Bank will become Central Bank
Will soon be opening in Moscow and India, a strategy to support liquidity (even W/O USD) in events of war.

Precisely - the NDB and with Shanghai based AIIB basically provide alternatives to WB and IMF.
7 years ago, I came across an article about these "new" financial institutions which is the $ power for BRI projects.
Then hear a lot of "debt trap" stories from Sri Lanka and African countries. Those turn out to be fake news since now we see more countries wanna join BRICS + SCO + those non-US$ financial institutions.

Today, we see Western banks closures and worst being saved by their own gov in the supposed "open" economies of US or Switzerland...
The Signs are already there years ago.

Try to spot someone familiar in this 2014 Beijing photo with glossy bald head...



https://thediplomat.com/2016/04/the-aiib...beginning/

[Tee tiong huat]

BECAUSE CH 8 ASK FOR IT

[Tee tiong huat]

So the USD  is no more the currency of trade.................

Today, the BRICS are taking the same approach. The creation of the BRICS’ Development Bank along with a US$100 billion joint reserve fund is the group’s first significant institutional innovation

[Tee tiong huat]

Both to...Brazil and China have moved towards a tighter trade integration, having processed their first bilateral settlement using the Chinese yuan. 

The first transaction was processed by the Industrial and Commercial Bank of China (ICBC), the bank designated by the Chinese government to act as a clearing institution for Brazilian companies. Both is Happy. 

With economic institutions such as IMF or the World Bank still essentially unreformed and carrying on as if it were still in 2007.

BRICS are looking  elsewhere, emerging powers now want to build alternative forms of multilateral economic governance.