Subacchi the peoples money; how china is building a global currency (2017)

... chapter, I’ll discuss how China has managed to exploit the dollar-based system and the availability of cheap capital to its own advantage This has resulted in the country’s overall transformation... significant financial imbalances For about a decade, until the global financial crisis of 2008, the rest of the world witnessed the abnormal and potentially unsustainable situation in which China s... richer the wealth of nations has expanded, too Countries that play a key role in the global manufacturing chain (such as China) or in the energy supply chain (such as Saudi Arabia and other oil-producing