Amoxtli@thelemmy.club to Geopolitics@lemmygrad.ml • 6 months ago

China isn't dumping dollars. They're dumping banks, and setting up a new financial system.

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economics@lemmy.ml

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China isn't dumping dollars. They're dumping banks, and setting up a new financial system.

Amoxtli@thelemmy.club to Geopolitics@lemmygrad.ml • 6 months ago

cross-posted to:
news
economics@lemmy.ml

China isn't dumping dollars. They're dumping banks, and setting up a new financial system.

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China runs massive trade surpluses with North America and Europe. Those markets pay in US Dollars or in Euro. Every day China earns about $2.7 billion USD ...

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小莱卡@lemmygrad.ml
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edit-2
6 months ago
theyve been arming taiwan for years and increasing the sinophobic rhetoric, they just now sanctioned their leading industries. If not now, when?

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