The dollar has been getting stronger due to its safe haven status due to European economic weakness and US economic weakness. People are buying US dollar assets which has pushed up the value of the dollar to artificially high levels.
Renminbi has been weakening against its peg currency (USD)...
China better accelerate its reforms because the reform speed has not kept pace with the changing economy. Local governments are not implementing the reforms that are approved by the central government.
The main problem with the Chinese economy is the lack of financial reform.
If the state...
The final frontier for China is reducing the market share of the dollar.
China has already removed the US from the largest trading nation, largest manufacturer, largest auto market, largest energy consumer, largest e-commerce market, many others.
The doubters said China will never be able to...
India is not even a proper country. It's questionable whether it will remain a union for the remainder of the century.
UK is very strong in sports and was 3rd in the Olympics last time. British culture is still influential and the British military-industrial complex is world class.
India is...
Keeping dreaming China will decline and the Indian supa powa will surpass China :lol:
You Indians are more brainwashed from your nationalist education system than the North Koreans are. Your country is full of incredibly stupid people including your leaders.
Only in India could an absolute...
One of the stupidest posts ever made. Not surprised you're Indian.
China's power will never decline from here.
It will only increase with each passing year.
China will get stronger economically, financially, technologically, militarily, politically.
You are so stupid. Currency appreciation and depreciation has nothing to do with becoming a global currency. It's about being a large global trader, large capital markets and foreigners being given access to domestic capital market. The 30% rise is due to currency being undervalued.
Market...
Problem with India is that they actually believe the US is their ally and will do everything for them.
The reality is the US is a ruthless power that will do everything to prevent a rival power from challenging it. Russia and China are problematic enough, the last thing the US wants is India...
50m are not Olympic events so I wouldn't worry too much about it. Ning's first 50m is not his best, his second 50m is where he gets ahead of the rivals. He has a good turn and has a strong finish.
I'm more disappointed with Sun Yang quitting the 1,500m. Sun didn't even help the relay team...
True.
White-dominated sports always get massive amount of medals given out in Olympics. Non-white dominated sports are always under threat of being removed from the Olympics.
Australia has an excellent swimming system and it is they who are willing to give their expertise to China. Americans...