RT – December 15, 2017: One of the world’s top energy importers, China, is set to roll out a yuan-denominated oil contract as early as this year. Analysts call the plan, announced by Beijing in September, a huge move against the dollar’s global dominance.
(BATTLEFORWORLD: And because China is pursuing this path the United States is using North Korea to put pressure on China. When the US says that China can do more about North Korea, it is a coded message to China to stop in its tracks regarding de-dollarization. And the same applies to Russia with constant sanctions from the West. It is putting pressure on Russia regarding the steps it is taking to de-dollarize its economy. And all the countries that have attempted de-dollarization the United States brought war to them, and now, take notice of what is going on with China and Russia where the US is stirring up war fervor nonstop. But Russia cannot be bullied, because secretly it gave the United States a reply in carbon. The US Military Industrial Complex main fuel is the dollar ponzi scheme.)
(In the “enhanced” Silent Revolution Of Truth Compilation Edition, the free PDF book, refer to page 1162 and read about the long ago prediction regarding The Fall of America; also for the might ways of America, refer to pages 1072, 1084, 1085, 1086, 1087, 1130, 1132, 1133, 1137, 1139, 1140, 1143, 1144, 1145 and check the “table of contents”. Version 5 (UPDATED), PDF Format – Link: > Download from MediaFire)
China May Halt Purchases of U.S. Treasuries
BLOOMBERG – January 10, 2018: China added to bond investors’ jitters on Wednesday as traders braced for what they feared could be the end of a three-decade bull market.
Officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar with the matter. Benchmark bonds reversed earlier gains on the news, with the yield on 10-year Treasuries climbing for a fifth day.
China holds the world’s largest foreign-exchange reserves, at $3.1 trillion, and regularly assesses its strategy for investing them. It isn’t clear whether the recommendations of the officials have been adopted. The market for U.S. government bonds is becoming less attractive relative to other assets, and trade tensions with the U.S. may provide a reason to slow or stop buying American debt, the thinking of these officials goes, according to the people, who asked not to be named as they aren’t allowed to discuss the matter publicly. China’s State Administration of Foreign Exchange didn’t immediately reply to a fax seeking comment on the matter. Link: Read Complete Article