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News around the web: China to push global currency

Discussion in 'TechSpot News and Comments' started by Erik, Jul 7, 2009.

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  1. Erik TechSpot Staff

    Erik, Jul 7, 2009
    #1

  2. Tekkaraiden TechSpot Enthusiast

    Well at least my taxes are going to something fun for a change.
    Tekkaraiden, Jul 7, 2009
    #2

  3. tengeta Newcomer, in training

    World currency...

    LOL
    tengeta, Jul 7, 2009
    #3

  4. Wendig0 TechSpot Paladin

    Don't laugh. The dollar is already a global reserve currency. It can be traded everywhere, and even spent in most countries. The sad thing, is that the dollar is so weak right now, China and Russia may have a more receptive audience at the G8. Especially since faith in Obama's economic plan is so low.
    Wendig0, Jul 8, 2009
    #4

  5. Relic TechSpot Chancellor

    It's just a matter of time for a world currency...but I doubt it'll be here in our lifetime, maybe at the end or turn of the century /shurg.
    Relic, Jul 8, 2009
    #5

  6. Guest

    Interesting how China must unpeg and not depend on the US dollar so much in order to raise its own currency in global importance. Interesting article about this: http://www.mindreign.com/en/mindshare/Global-Economics/Yuan-Currency-3f/sl35291137bp313cpp10pn1.html
    Guest, Jul 15, 2009
    #6
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