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Old 05-29-2023, 10:14 AM   #10408
activeStick
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Quote:
Originally Posted by GirlySports View Post
Why would China even want to do that and devalue it's export advantage. Heck even the Chinese people don't want to hold Yuan, they want CDN/USD. They come to Canada and the US to hide their USD in million dollar properties.
To safeguard themselves from financial/economic ruin when there's only one path in the world to take. Unilateral sanctions applied by the shining beacon of democracy and freedom is only good for the 30% ish of the world's population. The majority of the world has seen enough evidence based on history that it's not a good idea, as you just never know when things turn, and so, support the other option that is now available.
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