China’s gold and currency reserves have recently hit the mark of $2 trillion. The nation can now boast of having the largest state reserves in the world. The...
Tag - world power
China is uncomfortable about being the principal creditor of the United States. Asia’s largest nation became the hostage of the US economy in the 21st century...
The US dollar is not Russia’s basic reserve currency anymore. The euro-based share of reserve assets of Russia’s Central Bank increased to the level of 47.5...
Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil’s central bank and aides to...
David Miliband today described China as the 21st century’s “indispensable power” with a decisive say on the future of the global economy...
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