China’s yuan ‘not ready’ to join IMF basket of currencies, says US

[Nan Yang]

China’s yuan ‘not ready’ to join IMF basket of currencies, says US

China’s yuan ‘not ready’ to join IMF basket of currencies, says US | South China Morning Post

QUOTE” “We expect China to continue to refrain from intervention across different market conditions,” he said.


What about Japan’s Abenomics which is printing Yen to weaken its currency. That’s OK.

What about US quantitative easing. That’s OK too.


This is so insulting to our intelligences.

 

[Beast]

US is famous for being a two headed snake.

 

[TaiShang]

China’s yuan ‘not ready’ to join IMF basket of currencies, says US

China’s yuan ‘not ready’ to join IMF basket of currencies, says US | South China Morning Post

QUOTE” “We expect China to continue to refrain from intervention across different market conditions,” he said.


What about Japan’s Abenomics which is printing Yen to weaken its currency. That’s OK.

What about US quantitative easing. That’s OK too.


This is so insulting to our intelligences.

I guess they are seeking to revenge loss of face they suffered when nations shunned Washington to join the AIIB..

 

[AndrewJin]

I guess they are seeking to revenge loss of face they suffered when nations shunned Washington to join the AIIB..

Since when they care about their "face".

 

[Beast]

I guess they are seeking to revenge loss of face they suffered when nations shunned Washington to join the AIIB..

IMF is a loser bank. They join their own and no countries need to borrow money from there.

 

[SipahSalar]

How long will USA continue you embarrass itself?

 

[browser]

China’s yuan ‘not ready’ to join IMF basket of currencies, says US

China’s yuan ‘not ready’ to join IMF basket of currencies, says US | South China Morning Post

QUOTE” “We expect China to continue to refrain from intervention across different market conditions,” he said.


What about Japan’s Abenomics which is printing Yen to weaken its currency. That’s OK.

What about US quantitative easing. That’s OK too.


This is so insulting to our intelligences.

The RMB is not a deliverable currency yet. First step is to make it deliverable and then let it freely trade for a few years..

If any international entity wants to buy RMB offshore they cannot.

 

[Yizhi]

from FP:
The AIIB Is a Threat to Global Economic Governance | Foreign Policy

guys enjoy this piece...so much fun..

 

[Beast]

from FP:
The AIIB Is a Threat to Global Economic Governance | Foreign Policy

guys enjoy this piece...so much fun..

US is already losing face. Writing this piece of garbage will only make worst. It show not only US is humiliated but dumb too.

 

[大汉奸柳传志]

That is ridiculous
We did nothing to undermine IMF
ABSOLUTELY NOTHING ！

 

[Nan Yang]

from FP:
The AIIB Is a Threat to Global Economic Governance | Foreign Policy

guys enjoy this piece...so much fun..

Basically saying that China doesn't Know how to run a bank.

How much more insults can you take?

 

[Kylin]

Basically saying that China doesn't Know how to run a bank.

How much more insults can you take?

And it is from the US, who crashed everything in 2008 and nobody went to jail for it. Why would the world trust US again?

 

[sweetgrape]

China’s yuan ‘not ready’ to join IMF basket of currencies, says US

China’s yuan ‘not ready’ to join IMF basket of currencies, says US | South China Morning Post

QUOTE” “We expect China to continue to refrain from intervention across different market conditions,” he said.


What about Japan’s Abenomics which is printing Yen to weaken its currency. That’s OK.

What about US quantitative easing. That’s OK too.


This is so insulting to our intelligences.

Not surprised, that's American, hehe!

They will block internationalization of RMB by any means, because it threaten American benefit.

To some extent, I agree with that RMB is not ready yet, we are preparing, still need time, Internationalization of RMB most depend on our power, that's we should build, they just can block, but can't stop it.

 

[Beast]

Not surprised, that's American, hehe!

They will block internationalization of RMB by any means, because it threaten American benefit.

To some extent, I agree with that RMB is not ready yet, we are preparing, still need time, Internationalization of RMB most depend on our power, that's we should build, they just can block, but can't stop it.

That will not happen. As China trade with other countries increases , more countries will take up RMB idea. Unless US can invade any countries like Iraq which they can't do that anymore.

Basically saying that China doesn't Know how to run a bank.

How much more insults can you take?

US has a thick skinned.

 

[sweetgrape]

That will not happen. As China trade with other countries increases , more countries will take up RMB idea. Unless US can invade any countries like Iraq which they can't do that anymore.


US has a thick skinned.

right, so I said, they will block the process by any means, but can't stop it.