Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Cross Border Yuan Loans – "Before it(Yuan) Becomes a Global RESERVE Currency"!

January 30, 2013 by mosesman

[youtube=http://www.youtube.com/watch?v=P02vjiEZyUs]

  • Chinese News Article: Crossborder Yuan Loans – “Before it becomes a Global RESERVE Currency.”! 
    by http://sherriequestioningall.blogspot.com/ 
    It is the first time I am seeing the words from China that comes right out and says what the plans for the Yuan is.
    –
    The first batch of cross-border yuan loans agreements were signed on Monday after the central government approved the Qianhai area in Shenzhen to test a freer yuan before it becomes a global reserve currency.
    –

    As the loans come from HongKong, the move is a test of further capital accounts opening by allowing offshore funds to be transferred to the mainland.
    –
    Previously, offshore yuan could flow back to the mainland only through yuan-denominated trade and renminbi qualified foreign institutional investors. He added that the yuan is marching gradually and steadily toward becoming a global currency,and he expects more breakthroughs on that front this year.
    –
    They have never said “Global Reserve Currency” before.  They have said “Convertible currency” and other words.
    –
    China has actually imported more gold and silver than they admit to.  They imported an estimated 1000 tons of gold over the last few years but experts believe it was much more than that.   They have also been importing silver in major quantities that are not being revealed.  I read a story the other day about someone in China trying to buy silver and gold bullion but the place was nuts with crowds all trying to buy the gold and silver the dealer had just gotten.
    –
    Kingworld News has an article about China being a gold backed currency.
    –
    Jim Willie did an interview last week and he mentioned that China was going to take it slow and not be totally overt in becoming the Global currency because they don’t want the U.S. to start a war for some made up reason against china.
    Mining.com has the rumor China plans on importing 5000 to 6000 tons of gold this year (article from 2012).
    –
    unconfirmed speculation” that China – the world’s number one producer and second-placed consumer (at the moment) – is gearing up to buy up to at least 5,000 to 6,000 tonnes starting before the end of the year.
    –
    read more!

end

Post navigation

Previous Post:

China Just Threatened a Currency War if the FedRes Doesn't Stop Printing!

Next Post:

Professor Noam Chomsky: US, a Top Terrorist State!

Pages

  • About

Recent Posts

  • Atmospheric Fireball Explosions Worsen in 2020, Incoming Space Rocks Secretly Classified
  • Biden Admin Announces Labeling Trump Supporters Domestic Terrorists
  • Will Biden Complete The Construction Of The New World Order?
  • The Purge (of Christians, Conservatives, Libertarians) Is Here: Tucker Carlson and Glen Greenwald Respond
  • Democrat NGO’s To Direct Military / CIA & FBI In Purge of Conservatives, Christians, Libertarians …
  • The Empire Strikes Back: War For Humanity Enters Final Phase FULL SHOW 1-22-21
  • Persecution for U.S. Christians Could Come Quicker Than You Think
  • Tucker Obtains ‘Shocking’ Internal Email Sent to ICE Officers
  • IMF Urges Govts to “Spend as Much as You Can” | Alasdair Macleod
  • Biden Will Extinguish The Dollar
  • Next Leg Higher Could Take Silver to $50
  • Flashback: Pastor Robert Jeffress Warns Lou Dobbs ‘The Left’ Will ‘Bring Out the Guillotines’ If Trump Loses Reelection
  • GREENWALD: The New Domestic War on Terror is Coming!
  • ‘Death Delivered To The Front Door’ Being Rolled Out In America – Globalist Stooge Joe Biden Again Warns Of ‘A Dark Winter’, Deep State Code Words For A Bio-Warfare Attack Upon America?
  • Antifa Riots on New Year’s Chanting ‘We Got The Guillotine’!
  • “We Want Revenge”: Antifa Anarchists Activate After Biden Inaugurated
  • LET THERE BE BLOOD: Biden And Fauci Team Up To Revoke Trump Policy Protecting The Unborn To Create Massive International US Taxpayer-Funded Abortion Scheme
  • Tucker: None of Biden’s Actions Help Law Abiding Americans
  • Keiser Report | A Very Large Stimulus Package | E1648
  • Silver Price Plummets Because “COVID Is Raging In China”?!

Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
January 2013
M T W T F S S
« Dec   Feb »
 123456
78910111213
14151617181920
21222324252627
28293031  
© 2021 Socio-Economics History Blog | WordPress Theme by Superbthemes