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Tuesday, June 9, 2009

Head Of China's Second-Largest Bank Says The United States Government Should...


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via Washington's Blog by noreply@blogger.com (George Washington) on 6/8/09

George Soros said a couple of days ago that China's global influence is set to grow faster than most people expect.

He might be right.

As the Telegraph writes today:

The head of China's second-largest bank has said the United States government should start issuing bonds in yuan, rather than dollars, in the latest indication of the increasing importance of the Chinese currency.
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