Miscellaneous News
- Thread starter bd popeye
- Start date
Lithuania who? Is that another shit hole country in NobodyGivesAFktartica?
Putin learns quickly. That is probably why Oreshkin is a former minister. In other words, Putin fired him.
Some of level politicization is good for government officials as long as you don't start appointing incompetents and irrational people. The said article suggested to me the CPC was shedding US-loving liberals, which is definitely needed for China. You don't get to spread the narrative of the enemy.
Are you being a bit premature about Chinese are coming? Li's statements are not very different from what Chinese government has been saying since beginning of the war.
There are media reports of Xi meeting Putin next week in Uzbekistan as Xi's first trip oversea since the covid outbreak. But Chinese MFA didn't confirm the trip when asked in its daily briefing.
Just printing currency without consideration of your production output, raw material or manufactured goods alike, creates inflation that hurt yourself. The only exception is USD because US can export their inflation to the world because USD is a world trading currency.
If your own currency is accepted in international trade (such as energy trade between Russia and non western countries), it will serve as the same purpose as foreign reserves. Essentially Russia keeping Ruble reserve is the same as RMB reserve because the two currencies are agreed at an exchange rate and accepted in bilateral trade. This means there is no need for your bank reserve to be in a specific currency.
I think your thinking is based on the Dollar dominated world trade establishment. In that world, non-western currencies are not accepted, therefor you need reserves in western currencies. Here west = "foreign" is only because of US rule.
But in a parallel world without the west such as trade among China, Russia, India etc. there is no need for these "foreign" currencies. If it is not because of US military dominance and tie of ME oil with Dollar, there wouldn't have been a need for "foreign"(USD) currency reserve at all.
Xi will visit Kazakhstan next week and also Uzbekistan. The Kazakhstan trip in 2022 news was reported in late 2021 already by Russian news.
supercat
Colonel
China is Germany's most important trade partners in terms of total import and export. If the current crop of the utterly incompetent German politicians insists to destroy their trade relationship with China in order to show that they are the perfect stooges for the U.S., then let them try. As for Japan, their shipbuilding industry was once invincible. I suspect their auto industry will follow suit with the advent of the NEV revolution.
Talk is cheap. What can India give Japan except lip service? Meanwhile, China can provide substantial assistance to Pakistan and other Southeast Asian countries.
Doesn't make any sense. It should be rubles for precious and industrial metals.
Waiting for Musk's confirmation? As though Elon Musk is more credible than CATL
Typical anti-China propaganda - cognitive dissonance between title and content: