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@barray on Sat May 07 04:25:55 EDT 2022 said: &e
Looks like #china 's #ccp is now #paying for #russian #coal in #yuan - meaning they have now picked a side despite saying they were " #neutral ": https://www.zerohedge.com/commodities/fi.. You *cannot* be a neutral entity when you're #financially #incentivized to let one side #win . Obviously, #ukraine doesn't #trust them either.
@barray on Sat Apr 09 17:26:07 EDT 2022 said: &e
#china 's #ccp #confirmed to be #buying #russian #coal and #oil in #yuan https://www.zerohedge.com/geopolitical/b.. This perhaps will mean that #biden will #sanction #china as he #promised he would - although it would be #devastating to the #us #economy ...
@barray on Thu Dec 09 11:48:26 EST 2021 said: &e
#china 's #ccp is demanding that all of their #banks get as much #foreign #currency as much as possible as the #yuan continues to tumble: https://www.zerohedge.com/markets/yuan-t.. What that does is props the #yuan against more #stable #currencies like the #dollar - meaning that if the #chinese #economy crashes it takes them all down with it.
@barray on Sun Oct 24 21:12:26 EDT 2021 said: &e
Interesting #discussion regarding why the #chinese #yuan is holding its #value for now: https://www.zerohedge.com/markets/shows-.. #china 's #ccp 's control of the #property #market is yet to be seen - it is inherently unstable.