A "new phase of globalization" is Taking Shape in Beijing, Flag Planted on American Soil
Activist Post
The Red Dragon is roaring. The headline news over the weekend was that Chinese President Hu Jintao called the currency system a "product of the past." Hu believes that Chinese currency will likely become the world's currency within the not-to-distant future. On the heels of that announcement, a Financial Times article highlights the role that China already has within a new system of globalization; one that supplants the U.S. as a key trading partner at the hub of the global trade wheel...
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