Chinese Banks Help Russia Fund War With Ukraine
This will only accelerate the demise of U.S. dollar and add inflation. China is the largest tradin…
We have so many companies in China such as JP Morgan Chase, Tesla, Starbucks, McDonald, 3M, Walmart, Costco, Apple, Intel, Boeing, Exxon, the big 4 accounting firms, various consulting firms, and many other big and small companies that all take Chinese RMB in business which needs to convert to U.S. dollars. How will they do it without banks doing dollar conversion?
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