30th May, 2012
China and Japan will start direct trading of their currencies on Friday in a move to boost trade ties between Asia’s two biggest economies.
Posted by seumasach on May 30, 2012
30th May, 2012
China and Japan will start direct trading of their currencies on Friday in a move to boost trade ties between Asia’s two biggest economies.
Posted in Multipolar world | Tagged: china-Japan currency agreement, rising yuan, yuan-denominated bonds | Leave a Comment »
Posted by seumasach on December 28, 2011
28th December, 2011
The China-Japan agreement to stop using the dollar, or any other currency, in their bilateral transactions was a very strong blow to the US financial standing in world affairs. To a lesser degree this Chino-Nippon agreement is also detrimental to the Eurozone.
Posted in Multipolar world | Tagged: china-Japan currency agreement, sino-japanese relations | Leave a Comment »