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<p>[QUOTE=&quot;GoldFinger1969, post: 8352390, member: 73489&quot;]<b><u>The Chinese Communist Party leadership knows that the yuan can NEVER be a reserve currency as long as they don&#039;t respect private property rights, have fully-functioning liquid money and bond markets, and end capital controls.</u></b></p><p><br /></p><p>Which the CCP will never agree to because it means giving up power.</p><p><br /></p><p>So....with a choice of challenging the dollar or maintaining power in China, they have chosen the latter.</p><p><br /></p><p><b>China&#039;s economic power is also set to wane, as the labor force shrinks annually for the next 30 years. </b> China may not even pass the U.S. in GDP with their headwinds.[/QUOTE]</p><p><br /></p>

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