The Birth of a Global Currency: The Chinese Yuan!

[youtube=http://www.youtube.com/watch?v=e4f2mgj4UT0]

• I do not believe that the western Illuminati will give up their global currency hegemony. The plan to make the Chinese Yuan a global currency is the #1 threat to their world reserve currency the USD. The snakes are prepared to lose 100 cities to thermonuclear war rather than lose their Mammon power. It is via their control of the Illuminist privately owned central banking cartel, control of fiat currencies that they rule the world. With it they finance wars without end, manipulate prices, attack nations financially, control food/commodity prices, cause famine, buy up the world/governments …. etc.
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• War with China is being setup by the western Illuminati. Their plan calls for the Satanic World War 3 out of which will arise their Luciferian New World Order, World Government, Global Supra-National Bank, One World Currency backed by gold –> ‘666’! China will be conquered and merged into the Luciferian New World Order!
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• The birth of a global currency! 
  by Deborah Stokes, http://www.businesswithoutborders.com/ 
  In China’s remarkable rise on the global economic stage, one key element of the country’s economy has trailed far behind. The renminbi (RMB) or yuan remains an exotic instrument, rarely used outside the Chinese borders and barely understood.
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  The world’s second-largest economy has a currency that ranks 14^th most used in the world, just ahead of the Danish krone, behind the Russian rouble and miles away from the euro and US dollar, No. 1 and No. 2, respectively.
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  But that is quickly changing. The internationalization of the RMB, as engineered by the Chinese government, is happening at warp speed. At the start of 2012, the RMB ranked 20^th among international currencies, according to SWIFT (Society for Worldwide Interbank Financial Telecommunication). It leaped six spots in nine months.
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  “At some point in the next decade to come, the RMB will be a major player among global currencies,” said Chris Davies, Deputy CEO of HSBC China. “This is very much a step-by-step process, a technical process, as the currency moves from being ‘ring-fenced’ to one more convertible globally.”
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  Mr. Davies was one of several HSBC China experts speaking to business executives in Chicago and Los Angeles about the RMB and strategies for dealing with it. HSBC is the largest foreign-owned bank in China, with 133 branches currently and 15,000 employees in the country encompassing banking business as well as processing centers.
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  Tellingly, in a poll taken at the Chicago event, 95% of those in attendance said they were already doing business in China, but none said they were using the RMB for trade settlement. Considering that less than a decade ago the RMB was a closed currency, with major barriers to getting it out of the country and no market for it anyway, that is not surprising. Businesses are just catching up to what could arguably be called the birth of a new global currency.
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  Still, the delivery of the RMB to the world is being carefully driven by China, and is following a clear roadmap. Starting with pilot projects, China’s gradual loosening of controls on the RMB has allowed foreign businesses and investors to get used to the currency, while protecting China’s rapidly growing economy from speculative money flows and other financial risks. Reaching double-digit GDP growth rates over the past decade, the country’s recent slowing to a range of 7%-8% is considered a more stable rate by the Chinese government, which is forecasting that to be the norm for the next decade or two.
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  read more!

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