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Official's Take - Silk Road Holds $2.5 Trillion Boost for Yuan

Vice chairman of the China Securities Regulatory Commission (CSRC), Yao Gang says that China will use its New Silk Road project stretching from Asia to Europe to boost use of its currency in trade that may total $2.5 trillion in a decade. 82 more words

Silk Road Watch

Yuan to Replace Dollar as World Reserve Currency

AMTV, May 2015

In today’s video, Christopher Greene of AMTV reports on the Chinese Yuan to replace the U.S. Dollar as the World Reserve Currency…

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Economy

Bloomberg imagines a wild price for gold if it ever formally backed Chinese yuan

From Gold Anti-Trust Action Committee, by cpowell, May 2015

Chinese Gold Standard Would Need a Rate 50 Times Bullion’s Price

By Nicholas Larkin and Eddie Van Der Walt…

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REAL Money

China's yuan is no longer undervalued, says IMF

For more than a decade, China’s taken a verbal beating from other countries for keeping its currency unfairly cheap. Those days might finally be over. The yuan (a.k.a. 486 more words

Kiina lähestyy Venäjää epämiellyttävästi

Sputniknews raportoi unkarilais-amerikkalais-kapitalistisen filantrooppi-vaikuttajan George Sorosin (o.s. Schwarz) ennusteluja Kiinan, Yhdysvaltojen ja Venäjän tasapainottelusta (1). Mielipiteenvälittäjän mielestä hän ennusti, että jos USA ei leiki Kiinan leikkejä niin Kiina alkaakin leikkiä Venäjän kanssa. 136 more words

Soros sees risk of another world war

WASHINGTON (MarketWatch) — Billionaire investor George Soros said flatly that he’s concerned about the possibility of another world war

Much depends on the health of the Chinese economy, Soros said in remarks at a Bretton Woods conference at the World Bank. 225 more words

World