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Trump is also trying to de-peg the HKD to the USD. So, next time maybe no more HKD. They will revert to using RMB instead.
If it's too big to fail then why isn't it the default currency of the world ?RMB won't be gone lah. It's too big to fail.
RMB won't be gone lah. It's too big to fail.
Trump is also trying to de-peg the HKD to the USD. So, next time maybe no more HKD. They will revert to using RMB instead.
Maybe your mother ?Who fucking cares
this blackmondy [the black cunt] and laksaboy [the laksa shit eater] are just an idiot and cheebye mouth. Choose to read what they wanted to read , inly read articles that supports their views.
Having found and read one , these idiots come to leong-fuck-sam forum to show off their 'knowledge'.
blackmondy , you black cunt , you can lick laksaboy dick. This laksa-shit-boy will let you enjoy his dick willingly
Leong-fuck-Sam like to lick your black cunt too . the 3 of you idiots don't need to reply to this post.
Go fuck your mother lah ! You fucking Tiong dog !this blackmondy [the black cunt] and laksaboy [the laksa shit eater] are just an idiot and cheebye mouth. Choose to read what they wanted to read , inly read articles that supports their views.
Having found and read one , these idiots come to leong-fuck-sam forum to show off their 'knowledge'.
blackmondy , you black cunt , you can lick laksaboy dick. This laksa-shit-boy will let you enjoy his dick willingly
Leong-fuck-Sam like to lick your black cunt too . the 3 of you idiots don't need to reply to this post.
Do I need to teach you? The main reason is because China disallow the RMB to be freely floated for fear of currency manipulation. Now look who is masturbating?If it's too big to fail then why isn't it the default currency of the world ?
Can explain ? Or do you prefer to continue masturbating to your RMB fantasy ?
Trump is a crook. Don't believe too much in him. He's only good to those who are useful to him, financially and politically.Trump punishing hongkies instead of commies.if he does this.
I also want as much as you for China to fail. But to be realistic, how can this happen? They have already dethrone Japan from its #2 world position.Save your comment for future reference, my friend.![]()
I also want as much as you for China to fail. But to be realistic, how can this happen? They have already dethrown Japan from its #2 world position.
You don't get the motive of China. China's objective is to get Shanghai to be the main financial centre and sea port to displace Hong Kong in the long term. Mainly because Hong Kong is forever rebellious. Trade for China via Hong Kong has been reduced to mere single percentage in the last 2 years. Rumors are also abound that they will make Hainan island into a totally free trade zone to counter Hong Kong. Winnie doesn't care now if Hong Kong will prosper or doom because China is becoming less and less dependent on Hong Kong now, for both trade and finance. Think about it, if they had treasured Hong Kong's financial status, they wouldn't have imposed the new security law on 01 July 2020 as they have already anticipated for repercussions.Once HKD is kaput, RMB will follow not long after.
By the way, world's economy #2 was due to western countries investing into China after it joined the WTO. Once those investments get withdrawn, what do you think is going to happen?
I also expect military action on the fake islands in the South China Sea. You think all the US carrier groups went there just for some pre-election sabre rattling or drills?
Beijing’s South China Sea claims ‘unlawful, US Secretary of State Mike Pompeo says
JULY 14, 2020
https://www.theaustralian.com.au/wo...s/news-story/76d2a8f549018d1c5ff3839bc259eb74
You don't get the motive of China. China's objective is to get Shanghai to be the main financial centre and sea port to displace Hong Kong in the long term. Mainly because Hong Kong is forever rebellious. Trade for China via Hong Kong has been reduced to mere single percentage in the last 2 years. Rumors are also abound that they will make Hainan island into a totally free trade zone to counter Hong Kong. Winnie doesn't care now if Hong Kong will prosper or doom because China is becoming less and less dependent on Hong Kong now, for both trade and finance. Think about it, if they had treasured Hong Kong's financial status, they wouldn't have imposed the new security law on 01 July 2020 as they have already anticipated for repercussions.
I won't want to argue here, but the Shanghai sea port is already the world's number 1 in terms of TEUs transacted, far overtaking Hong Kong and Singapore. And if I'm not wrong, there are already plans for a second sea port in Shanghai. Do they need USA's approval for this?LOL, without USA's approval (manifested in HK's special status), the Chicoms can try to talk up any other city to be the next financial hub: Hainan island, Shanghai, Guangzhou etc. It won't work. They will be as economically relevant as Pyongyang.