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china ... us has plundered world with dollar .

  1. 24,765 Posts.
    Goodbye US dollar.


    U.S. has plundered world with dollar, Chinese state paper rages

    BEIJING -- The United States has plundered global wealth by exploiting the dollar's dominance, and the world urgently needs other currencies to take its place, a leading Chinese state newspaper said on Friday.

    The front-page commentary in the overseas edition of the People's Daily said that Asian and European countries should banish the U.S. dollar from their direct trade relations for a start, relying only on their own currencies.

    A meeting between Asian and European leaders, starting on Friday in Beijing, presented the perfect opportunity to begin building a new international financial order, the newspaper said.

    The People's Daily is the official newspaper of China's ruling Communist Party.

    Full article at
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