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Shortage of US Dollars in China

gingerlyn

Alfrescian (Inf)
Asset
Actually I don’t know why China should allow HK dollar. Hong Kong is China why China needs Hong Kong dollars ? Many uncles and aunties in Hong Kong are actually Chinese Communist Party loyalists. They should sell their HKD and convert to reminbi to show their loyalty. Problem solved.
 

Peiweh

Alfrescian
Loyal
Of course China is in a crisis so what do they do? They hoard dollars. Typical horrible PRC behavior

Stories like these show whats happening on the ground in China - things are bad.
 

laksaboy

Alfrescian (Inf)
Asset
Of course China is in a crisis so what do they do? They hoard dollars. Typical horrible PRC behavior

Stories like these show whats happening on the ground in China - things are bad.

What good is hoarding dollars when you are about to be sanctioned and no one will buy anything from you? :wink:
 

GUDANGARAM

Alfrescian
Loyal
Rush for US dollars forces Hong Kong money changers to turn away customers in droves after supplies run out
  • Demand for the currency surged after China’s legislature endorsed a resolution on a national security law for Hong Kong, shop owners say
  • Residents fear the city’s currency could be unpegged from US dollar
 

Peiweh

Alfrescian
Loyal
Rush for US dollars forces Hong Kong money changers to turn away customers in droves after supplies run out
  • Demand for the currency surged after China’s legislature endorsed a resolution on a national security law for Hong Kong, shop owners say
  • Residents fear the city’s currency could be unpegged from US dollar
My heart goes out to Hongkies - and of course Singaporeans should start to worry about China and its aspirations.

China is not your friend
 

syed putra

Alfrescian
Loyal
My heart goes out to Hongkies - and of course Singaporeans should start to worry about China and its aspirations.

China is not your friend
That China has explicitly behaved ever since xi jinping came to power. They have made enemies with their neighbours, trading partners by arbitrarily bullying them to comply with china policy or lose businesses.
 

winnipegjets

Alfrescian (Inf)
Asset
My heart goes out to Hongkies - and of course Singaporeans should start to worry about China and its aspirations.

China is not your friend

All Asians, except Ah Neh, should look to China as their friend. China will invest in your country and not force its POV on you. No interference at all. No human rights bs. No changes in trade policies at whim. In China, you grow together.
 

Peiweh

Alfrescian
Loyal
That China has explicitly behaved ever since xi jinping came to power. They have made enemies with their neighbours, trading partners by arbitrarily bullying them to comply with china policy or lose businesses.

Since the Chinese Virus the gloves are off. They fear many things - social harmony and a repeat of the national whistle blowing incident following the death of doctor Li Wenliang. The Chinese are now openly pushing back everyone - in Southeast Asia, Taiwan, Australia etc

Lets hope the coming inquiry will punish China for what they have done to the world

China is not your friend
 

winnipegjets

Alfrescian (Inf)
Asset
That China has explicitly behaved ever since xi jinping came to power. They have made enemies with their neighbours, trading partners by arbitrarily bullying them to comply with china policy or lose businesses.

It is because of US stirring shit. US is threatened by a growing China which is will to spend the money to court influence and forge strong economic ties. The BR plan makes the US pee incessantly.

China does not impose unlike the US. China doesn't care about human rights. You can slaughter your people by the thousands, China will still trade with you. No sanctions. It is a policy of non-interference and respect.

Asians stake their future with China. Let the angmos fight each other.
 

Peiweh

Alfrescian
Loyal
All Asians, except Ah Neh, should look to China as their friend. China will invest in your country and not force its POV on you. No interference at all. No human rights bs. No changes in trade policies at whim. In China, you grow together.

China has played their hand badly since COVID-19. Images of screaming family members when officials dragged people from their homes., etc The list of horrors is endless, so the world knows what the true costs are to having China in your corner. Singaporeans are becoming aware of this, and will be more mindful of dealing with PRC in the future.

China is not your friend
 

Devil Within

Alfrescian (Inf)
Asset
It is because of US stirring shit. US is threatened by a growing China which is will to spend the money to court influence and forge strong economic ties. The BR plan makes the US pee incessantly.

China does not impose unlike the US. China doesn't care about human rights. You can slaughter your people by the thousands, China will still trade with you. No sanctions. It is a policy of non-interference and respect.

Asians stake their future with China. Let the angmos fight each other.

Commiecunts CCP are nothing without USA and the west.
 
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