You Are Here: Home » Posts tagged "china" (Page 3)

Are foreigners moving into the safety of the dollar, or are they dumping it?

Over the past four months, it is estimated that China alone has dumped over $300 billion in their dollar based reserves, signalling a trend in which the Far Eastern economy is now using their treasuries to protect their own slowing economic conditions.  And with Japan, Europe, and the emerging markets all showing signs of recession rather than growth, one has to ask if the dollar's strength is actually base ...

Read more

Thomas Jefferson was right again as Germany takes over Greek infrastructure because of debt

Founding Father Thomas Jefferson once said, "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered."  And in a sad but interesting 21st century version of this p ...

Read more

China’s Belt and Road initiative may even go as far as Mexico

China's re-creation of the ancient 'Silk Road' trade route across the Eurasian continents is more than a simply a super highway from South Korea to London... it is an organizational structure that is intended to both develop and operate trade and banking hubs in countries all along the global route. Known also as the Belt and Road initiative, the idea of an overland and connected seaward trade construct is ...

Read more

China dumps more dollars, holds reserves at lowest level in nearly three years

As China continues to prepare and expand the Yuan for full internationalization, there is less and less need for them to hold massive amounts of dollars as a reserve for their financial system.  And while the Chinese central bank has rightly chosen not to dump their treasuries onto the market in one massive sale, their slow dissolution of their dollar reserves has the country holding the fewest it has held ...

Read more

With new Chinese (Swift) system, yuan use in Japan has doubled in the last year

It is one thing when China's new internationalization becomes a part of the emerging market economies, but it is something very different when it begins to make headway into long-standing dollar strongholds such as Europe and Japan.  And with China's new found recognition as a global reserve currency in the IMF's SDR basket, and the creation just a few months ago of an alternative SWIFT (CIPS) system, that ...

Read more

Not even a day after the IMF added the Yuan to the SDR, the world rushing to capitalize on it

On Nov. 30 the IMF fully announced that the Chinese Yuan would be accepted as a global currency within the banks Special Drawing Rights (SDR) basket of currencies, and with this move China is now an international player in the global monetary system.  And perhaps most interesting in the next stage of support towards the future of the dollar and its singular reserve currency status, is that countries and ban ...

Read more

First it was GM, now Ford offshoring its production overseas

After President Obama nationalized General Motors back in 2009, the car company that was once the greatest corporation in American history changed course and began moving its operations out of the once grand city of Detroit, and across the Pacific where they built four new plants over the past six years.  Now on Nov. 30, the Ford Motor Company is following in these footsteps and under a new labor agreement ...

Read more

China opens up its Forex markets to foreign central banks

As China continues to accelerate the internationalization of the Yuan currency, a new element was introduced on Nov. 25 which will facilitate expanding its reach even further.  The People's Bank of China (PBOC) opened up its Forex markets to foreign central banks, and will now allow these institutions to participate in swaps, options, and other Forex products. Seven institutions will be part of the initial ...

Read more

China creating nearly three times more small businesses per year than the U.S.

Following the 2008 Credit Crisis, banking policies changed as lending to and for small businesses became a risk that these institutions decided was far too costly when they could simply borrow from the Fed, and arbitrage profits from the buying of Treasury Bonds.  And because their primary lending became directed more towards the investment side of their businesses, and to major corporations, small business ...

Read more

CHINESE WARSHIPS DOCK IN FLORIDA AS DOD DEBATES STARTING WORLD WAR 3

Just as The Pentagon ratchets up the rhetoric, China made a “goodwill” visit to Jacksonville, Florida. As we noted a few weeks ago, three Chinese vessels conducting an “around the world” tour, were set to dock in the US where sailors will engage in “ship tours and sporting events.” Here’s CNN: Sailors from both navies are expected to participate in sporting events and ship tours during the Mayport visit. ...

Read more

Russia becomes 4th country to open its bond market to Chinese Yuan

In just the past 30 days we have seen three major economies open up their bond markets to allow the sale of Chinese Yuan denominated debt instruments.  And on Nov. 6 we can now add a 4th country to this list as Russia announced their will begin selling RMB denominated bonds in their own markets beginning in 2016. Russia already has several trade agreements with China that allow for direct bi-lateral trade i ...

Read more

Xi Jinping’s economy beats Obama’s economy in helping the middle class

Politicians always like to use words like 'middle class' and 'helping working families' to win elections, and try to deceive voters on what their true agendas really are.  And while U.S. President Barack Obama has tried to take credit for how he saved the economy and brought America back from the brink of the 2008 credit crisis, the fact of the matter is he has destroyed the middle class, and has dropped pr ...

Read more

© 2012 Secrets of the Fed