Chinese state-owned firm winning contracts to print foreign currencies as country seeks to expand global reach and influence
This appears to be a works program/diplomacy initiative/monetary power play. Money factories in China are running overtime printing paper currencies for Nepal, Thailand, India, Brazil, even Poland. A strange deal.
The printing of currency whether via a keystroke or literally, as in this case, is always for the benefit of cronies on one type or another. That the colossal belt and road program is attached to this effort should surprise no one.
(From The South China Morning Post)
But in 2013, Beijing launched the belt and road plan, a global development blueprint involving about 60 countries from Asia, Europe to Africa to stimulate economic growth with large-scale capital investment and infrastructure construction projects.
Two years later, China started printing 100-rupee notes for Nepal, Liu wrote in an article in China Finance, a bi-monthly journal run by China’s central bank in May.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2018/08/chinese-state-owned-firm-winning-contracts-to-print-foreign-currencies-as-country-seeks-to-expand-global-reach-and-influence/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).