MH.Yang
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lol, you do know Russia only have 2300 tons of gold in their reserve bank?
That would last them maybe a month? (1 tons of gold worth 61 millions. a quick calculation would tell you it is 140 billions dollars) Seeing that the Entire Russian GDP is 1.4 trillions dollars a year.
Then what next? Mine more? How many more can you mine and at the mean time, how are you going to pay for the miner?
And as I said China DO NOT HAVE UNLIMITED SUPPLIES of USD, you can use it to stabilise Yuan up to a point, the same with Russia and its gold, what happened if you ran out of USD or Yuan or both?
Sir, there are not so many offshore CNY in the world that can consume all China's foreign exchange reserves.
You may have seriously underestimated the amount of foreign exchange in China and seriously overestimated the number of offshore CNY.