China moving away from dollars?

China may be sending signals that it will move some of its massive foreign cuirrency reserves out of dollars. Of course, as a holder of dollars, Beijing would lose by driving down the price, and American exporters would gain, while Chinese exports to the US would become more expensive.

China Chellenges comments.

China may be sending signals that it will move some of its massive foreign cuirrency reserves out of dollars. Of course, as a holder of dollars, Beijing would lose by driving down the price, and American exporters would gain, while Chinese exports to the US would become more expensive.

China Chellenges comments.