Maxwalk Wrote:
Nov 07, 2012 9:40 AM
Reserve status needs to be earned and the manipulation of the RMB for over a decade puts one's fate at the hands of Party officials and their in-fighting. As a side, a lot of US debt has been purchased with printed RMB (used to purchase dollars coming into China through its exporters) and this has greatly contributed to the destabilized global economy and financial crisis.