Talk:Peoples Republic of China

From dKosopedia

Someone who can, please edit this page to mention the People's Bank of China, the Chinese national bank, which also acts as its central bank controlling the yuan. This is a vital US policy issue. Some news items relative to monetary reform

• China may ditch US bonds (for good reason)
• Bush hides M3, commentators notice
• China pushes Taiwan into talks probably using leverage of the US$ weakness to ensure it won't be prevented

Read Henry C K Liu in Asia Times on how dollar hegemony affects China in particular the reserve requirements of the PBoC. Liu advocates ditching the dollars.