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 New international payments system goes into action
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serf
Anti Gun Lib

6201 Posts

Posted - 11/06/2017 :  4:24:37 PM  Show Profile  Reply with Quote

China is wasting no time to become a contender with New York and London by bypassing the swift system of exchange.

serf

http://english.cctv.com/2017/10/19/ARTIXz5AbEqSewRu8jDIFRKO171019.shtml

China is raising its geo-political and economic profile to support inclusive growth. Beijing hopes to encourage more international trade with the governments embarking on 'the Belt and Road Initiative (B&R)', proposed by Chinese President Xi Jinping in 2013.

The 'Silk Road Economic Belt & 21st Century Maritime Silk Road' is expected to enhance transportation, energy and financial networks throughout much of Africa, Asia and Europe, which would deepen economic cooperation for the region.

"'The Belt and Road Initiative' is a great undertaking beneficial to all along the line," English Eastday quotes Ben Shenglin, executive director of the International Monetary Institute at Remnin University in Beijing, as saying. "It also offers a historic golden opportunity for the RMB internationalization."

He pointed out that CIPS could "prevent financial risks, lower transaction costs, enhance overall economic competitiveness, while accelerating the integration of trade and economy in the region."

spasmcreek
Advanced Member

31735 Posts

Posted - 11/07/2017 :  08:05:21 AM  Show Profile  Reply with Quote
we should study the progressive chinese programs and kick butt instead of supporting all the lazy whining i got rights groups
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serf
Anti Gun Lib

6201 Posts

Posted - 11/07/2017 :  11:21:16 AM  Show Profile  Reply with Quote
quote:
Originally posted by spasmcreek

we should study the progressive chinese programs and kick butt instead of supporting all the lazy whining i got rights groups



We are just a segment of NWO middle class with major corporations,lobbyist,politicians and bankers running the nations now for The United Nations Agenda.

Unfortunately they really are not going to need factory workers and even service jobs in the next 10 years then we can all become politicization serfs.

serf


Edited by - serf on 11/07/2017 11:21:29 AM
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spasmcreek
Advanced Member

31735 Posts

Posted - 11/07/2017 :  6:49:44 PM  Show Profile  Reply with Quote
EXCELLENT article about the chinese silk road developement into europe and africa...and the giant amount of money being spent ...while America snoozes into 2nd or third place...Time magazine NOV 13, 2017
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