Monday, April 13, 2009

China Flexes its Muscles


Finance officials from Beijing in Moscow on Thursday held a videoconference to discuss the creation of a “supra-national reserve currency,” the latest evidence of the support China is getting from developing countries as it seeks to replace the U.S. dollar as the world's main reserve currency.

This controversial proposal – and the support that it's getting – also underscores China's continued emergence as a growing global force in both the financial and political arenas.

Larry Potter

http://budurl.com/nn8h

www.ATicketToWealth.com

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