Tuesday, March 24, 2009

China calls for new global currency

http://news.bbc.co.uk/2/hi/business/7960620.stm

finally something positive from china..... russia has been pressing hard for this.... finally some open support by china
In an unusual step, the essay was published in both Chinese and English, making clear it was meant for an international audience.

Though difficult to happen, but would be great if it did.... US will no longer rely on dollar.... and would actually do something useful

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