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echo: fidonews
to: WILFRED VAN VELZEN
from: BJRN FELTEN
date: 2017-08-28 18:25:00
subject: Are the Chinese avoiding

 WvV> That is smart of them, because the dolar has become cheaper compared to
 WvV> other currencies.

   What "dolar" are you referring to? 8-)

   How does using CAD or AUD make their products seem cheaper than using USD?
And no, the USD has not become cheaper lately, rather the opposite -- at least
in Sweden...

 WvV> China is also the biggest creditor for the US in state bonds. So if the
 WvV> dollar becomes even cheaper, they would loose big on that.

   You don't understand. When they go on a gold buying spree, they use USD to
pay for the gold. The USD that they try to get away from ASAP for some
reason...




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