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On Wednesday, the Ministry of Foreign Affairs announced the establishment of the Department of International Economic Affairs. Zhu Caihua, vice-dean of China Foreign Affairs University's School of International Economy, very candidly stated the goals of the new Department: "China's soaring economic strength enables it to provide due assistance to developing countries and the European Union hit by the debt crisis. These moves also give China more say and flexibility in foreign relations." [1] Zhu went on to state that this new department would be tasked with handling "economic disputes with political backgrounds".
Originally posted by hp1229
I wonder if there is anything (tactic) that the Banksters are not letting the rest of the world know to play this emerging game from China. China has a huge foreign currency reserves which it will use to penetrate emerging economies in SE Asia and possibly SA. It would be very very interesting to see the outcome after the 2012 POTUS elections.
On Wednesday, the Ministry of Foreign Affairs announced the establishment of the Department of International Economic Affairs. Zhu Caihua, vice-dean of China Foreign Affairs University's School of International Economy, very candidly stated the goals of the new Department: "China's soaring economic strength enables it to provide due assistance to developing countries and the European Union hit by the debt crisis. These moves also give China more say and flexibility in foreign relations." [1] Zhu went on to state that this new department would be tasked with handling "economic disputes with political backgrounds".
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