China Leads Campaign to Replace the Dollar as Reserve Currency

October 17, 2013 at 02:27 AM EDT

A very interesting item appeared through the official Chinese news agency, Xinhua, in which the Chinese government is effectively calling for the end of the U.S. dollar as the world’s reserve currency, stating that . . . → Read More: China Leads Campaign to Replace the Dollar as Reserve Currency Similar posts: Memo to Central Banks: You’re debasing more than our currency I can only pass on Societe Generale’s work to you... Why the U.S. dollar may be in a sweet spot … a place it hasn’t been for a long time Everyone is rightfully excited over the potential for a... Asian Snap: China revives the reserve currency debate and pushes for more Forex diversification â€“ NFPâ€™s and ECB rate decision loom. G10 Advancers and Decliners vs USD JPY -0.263 EUR...

China Leads Campaign A very interesting item appeared through the official Chinese news agency, Xinhua, in which the Chinese government is effectively calling for the end of the U.S. dollar as the world’s reserve currency, stating that the world should “…start considering building a de-Americanized world.” (Source: “Commentary: U.S. … [visit site to read more]