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Subject Dollar Collapse Update: 7 Of 10 Asian Countries Move From Dollars To Yuan!!

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Original Message A "renminbi bloc" has been formed in East Asia, as nations in the region abandon the US dollar and peg their currency to the Chinese yuan — a major signal of China's successful bid to internationalize its currency, a research report has said.

The Peterson Institute for International Economics, or PIIE, said in its latest research that China has moved closer to its long-term goal for the renminbi to become a global reserve currency.

[link to www.chinadaily.com.cn]

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