China, Japan to Back Direct Trade of Currencies
bloomberg / Toru Fujioka
26-Dec-2011 (2 comments)

Japan and China will promote direct
trading of the yen and yuan without using dollars and will
encourage the development of a market for companies involved in
the exchanges, the Japanese government said.

>>>
recommended by Hooshang Tarreh-Gol

Balatarin
Share/Save/Bookmark

 
default

Compare and contrast

by Hooshang Tarreh-Gol on Mon Dec 26, 2011 08:59 AM PST

US
GDP: $14.58 Trillion
Reserves of Foreign Exchange & Gold: $150,000,000,000 [2011]
Purchasing Power: $14,660,000,000,000 [2011]
$14.58 Trillion

China
GDP: $5.88 Trillion
Reserves of Foreign Exchange & Gold: $2,662,000,000,000 [2011]
Purchasing Power: $10,090,000,000,000 [2011]

Japan
GDP: $5.5 Trillion
Reserves of Foreign Exchange & Gold: $1,096,000,000,000 [2011]
Purchasing Power: $4,310,000,000,000 [2011]


  •  
پندارنیک

Long overdue

by پندارنیک on Mon Dec 26, 2011 07:34 AM PST

A good move........a necessary move, an inevitable move........


  •