Currency it is easier and more profitable to trade for yuan and australian dollars similarly, when trading with russia, beijing is better off using the ruble-yuan pair of course, to get a big profit by issuing your own currency, but beijing has other goals to a large extent, the country's economy is oriented towards domestic consumption it is about transforming the country some of the.
Citizens, and we are talking about hundreds of millions, are not related to the global economy for example, the vast majority of peasants feed themselves, limiting themselves to to existing mobile number list have minimal purchases agriculture is a vital industry in china, employing more than million farmers at present, china's social structure is being reformed more and more actively so, due to the construction of the three gorges hydroelectric power plant, more than a million.
People have become citizens now they work not on the ground, but in enterprises the importance of such changes is higher than the profit that the printing press will give taking risks to profit through speculation is simply unacceptable for beijing it is much better to develop the real economy of the country as for international trade, china is gradually switching to currency pairs in mutual settlements, thereby reducing its dependence on.
The dollar interesting fact: one yuan is divided into jia e divided into fen (分) for example, the amount of yuan is pronounced as yuan jiao f in circulation are coins of , , fen, and jiao, yuan there is another plus here the use of currency pairs contributes to the development of real economies, pushing the financial economy, including speculators, into the background the united states does not need such a path.