China Tells State Banks to Prepare for a Massive Dollar Dump and Yuan Buying Spree

The People's Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued to fall despite prior interventions, sources told Reuters.

The scale of this latest effort to prop up the yuan will be big and could provide a floor to the Chinese currency, according to the report.

The amount of dollars to be sold hasn't been decided yet, but Reuters said it will primarily involve the state banks' currency reserves. Their offshore branches, including those based in Hong Kong, New York and London, were ordered to review offshore yuan holdings and check to see that dollar reserves are ready....

Source: Markets Insider (https://markets.businessin... Caixin Global

U.S., Australia and Japan Vow to Work Together Against China

The defense ministers of the United States, Australia and Japan agreed Saturday (Oct. 1) to boost military cooperation in the face of China’s growing ambitions “to shape the world around it.” Washington is pressing a diplomatic offensive to counter Chinese influence across the Asia-Pacific.

“We are deeply concerned by China’s increasingly aggressive and bullying behavior in the Taiwan Strait, and elsewhere in the region,” US Defense Secretary Lloyd Austin said as he welcomed his counterparts from Australia and Japan to the US military headquarters for the Pacific region in Hawaii.

“Our interest lies in the upholding of the global rules-based order. But we see that order under pressure in the Indo-Pacific as well, as China is seeking to shape the world around it in a way that we’ve not seen before,”....

Source: Insider Paper (https://insiderpaper.com/u... Japa

Are you paying attention yet?

BREAKING: Dozens of CCP 'police stations' are surveilling PRC nationals in cities across USA, Europe and Canada

https://thepostmillennial....

The Infancy Of A Global Police Force: Chinese Law Enforcement ‘Service Stations’ Operating In USA & Dozens Of Other Nations

https://www.infowars.com/p...

The Infancy Of A Global Police Force: Chinese Law Enforcement ‘Service Stations’ Operating In USA

Coast Guard Spots Chinese, Russian Warship Formation Off Alaska https://www.infowars.com/p...

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America, when are we going to get REALISTIC and shutdown this CORRUPT, anti-American, pro-China Biden government?
Biden has called/labelled 75+ million Americans as domestic terrorists for supporting President Trump! Biden, on world-wide TV, blackmailed the Ukraine government to stop investigating his son, or they wouldn’t get the billion dollar loan! We have Senators married too and hiring possible, Chinese spies and with family in the Chinese Communist Party! We have a ranking Congressman, on an Intelligence committee, shacking with a Chinese Communist spy! And still the corrupt DOJ/FBI ignore all these possible dangers to our nation and go after moms and dads yelling about their children’s education! Biden’s actions are PRO-China, anti-America!

America, these Socialists, ex-Democrats, are working to place the Chinese Communist Party a part of our government! Whether they run it or just tells them what to do, remains to be seen!

This corrupt government is allowing China to buy-up OUR American farm land, which will in-turn, imagine, starve the American people! Even our billionaires are buying-up our American farm lands, WHY?

America, this government and I believe the billionaires, are selling out our country! Food shortages are already on the horizon! Think America, we MUST put REAL Americans in office and I suggest we vote straight Republican! Minus scumbag McConnell in our Senate, along with the rest of the RINOs!

My fellow Americans, these Socialist scumbags wasted 4 years, trying to impeach President Trump with “FAKE/FALSE” evidence! Still they couldn’t legally impeach him!
We have black and white evidence of Socialists having Chinese spies working for them, shacking up with high ranking politicians and yet the CORRUPT DOJ and FBI refuse to put our countries safety, our safety first! These Socialists have ALL ignored their Oaths of Office for the sake of bettering themselves, making themselves rich at the expense of the American people!
The scumbag GOP leader, McConnell, is married to a Chinese woman with family in the Chinese Communist Party! Socialist Congressman on an Intelligence board shacks-up with a Chinese spy and more! Still the DOJ/FBI COVER Biden’s lawlessness!

Pelosi, Schumer push Biden to take tougher stand against Chinese investment https://www.foxnews.com/po...

Taiwan creating backup satellite internet system in case of a Chinese invasion
If China tries to annex the self-governing island, as it has repeatedly threatened, Taiwan says it needs to be able to communicate
https://www.theglobeandmai...

https://news.sky.com/story...

Republicans sound alarm over Chinese government-linked farmland purchase near North Dakota air base https://www.foxnews.com/po...