China's Game: The Parallel Global Financial System. Friday's Edition

How China Is Winning And Will Win The World. Series 21 #5

Just as the U.S. built a parallel global financial system to replace Britain’s, so is China building one to replace the U.S. system. The third step in creating a new global reserve currency is less obvious than developing a creditor network and accumulating gold; it is the infrastructure that makes the new system work. China has been developing this s…