Party Fifth Plenum News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Originally published by Gatestone Institute Commentary “The issue of creating an international reserve currency based on a basket ...

Russia and China have launched another attempt to develop a "new global reserve currency." In other words, they are again attacking the dollar. There is only one country that can dethrone the dollar, and it is not a BRICS nation. It is the United States.

As China marked its annual Journalists’ Day over the weekend, proclaiming the importance of “correct news ideals,” even jaded New Yorkers stopped in their tracks and took notice. How could they not? The message beamed over 7th Avenue on Times Square, dominating one of the world’s most visible jumbotrons.

China Is Not Ten Feet Tall How Alarmism Undermines American Strategy Lintao Zhang / Reuters China, the story goes, is inexorably rising and on the verge of overtaking a faltering United States. China has become the largest engine of global economic growth, the largest trading nation, and the largest destination for foreign investment. It has locked in major trade and investment deals in Asia and Europe and is using the Belt and Road Initiative—the largest development project of the twenty-first century—to win greater influence in every corner of the world. It is exporting surveillance too...