Obama will visit Shanghai and Beijing for the first time between November 15 and 18
US President Barack Obama (right) with Chinesecounterpart Hu Jintao
US President Barack Obama (right) with Chinesecounterpart Hu JintaoNovember 10, 2009 - In what some US analysts saw as a “shot across the bow” of the United States this year, Chinese central bank governor Zhou Xiaochuan called for the creation of a super-sovereign reserve currency, all but saying the US dollar’s days as the world’s preeminent currency were numbered.
He made the suggestion in an essay published a week before the London Group of 20 summit.
Clearly aiming at an international audience, the central bank took the unusual step of publishing the paper in English at the same time as it issued the Chinese version........ FULL STORY
