Home » Archives
China’s top banker proposes new world currency
Written on 24 Mar, 2009 at 9:10 in Business, Featured | viewed 333 views times and users have made 0 comments so far
In an essay published Monday, the head of China’s central bank proposed a plan to displace the American dollar as the world’s standard and replace it with a global reserve currency operated from the International Monetary Fund. He also emphasized his hope for the IMF currency’s supremacy over other dominant world benchmarks, such as the euro and the yen. Full Story : Rawstory.com
@ a glance : Obama Calls China’s Hu To Discuss Currency
Written on 31 Jan, 2009 at 13:23 in @ a glance | viewed 201 views times and users have made 0 comments so far
President Obama called Chinese President Hu Jintao on Friday, according to carefully worded statements released by both the White House and the official New China News Agency, in the wake of pre-confirmation statements by Treasury Secretary Timothy F. Geithner suggesting that Obama might believe China is a currency manipulator. Full Story : Washingtonpost….
@ a glance : China, New U.S. Administration Make Yuan First Row
Written on 24 Jan, 2009 at 11:46 in @ a glance | viewed 196 views times and users have made 0 comments so far
Beijing fires back after proposed new U.S. Treasury secretary Timothy Geithner says that China manipulates its currency. Full Story : Forbes….
(Continue reading)