4 ms·
Well, one, China is already number 1 in PPP. Two, they are already setting up parallel institutions just to prevent being IMFd that (see AIIB). Third, they al
by snomad 9y ago
Well, one, China is already number 1 in PPP.
Two, they are already setting up parallel institutions just to prevent being IMFd that (see AIIB).
Third, they already have numerous renminbi trading deals with several countries where goods are exchanged without ever being converted into dollars.