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China Urges Cambodia to Use Yuan in Bilateral Trade (US News)
Reuters ^ | Feb. 6, 2018, at 12:58 a.m

Posted on 02/05/2018 10:23:30 PM PST by cba123

PHNOM PENH (Reuters) - Cambodia is considering a proposal by China to use the yuan currency instead of the U.S. dollar for bilateral trade, a spokesman for Cambodia's commerce ministry said on Tuesday, the latest sign of strengthening ties between the two countries.

The vice-governor of China's southern Guangdong province Ouyang Weimin made the request to Cambodian Minister of Commerce Pan Sorasak last week during the latter's visit to China, Seang Thay.

The commerce ministry spokesman said Pan Sorasak agreed that trade should be conducted using the yuan and Cambodia's local riel currency.

(Please see link for full article)

(Excerpt) Read more at money.usnews.com ...


TOPICS: Chit/Chat
KEYWORDS: america; cambodia; china; trade
Just for everyone's information.
1 posted on 02/05/2018 10:23:30 PM PST by cba123
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To: cba123

https://money.usnews.com/investing/news/articles/2018-02-06/china-urges-cambodia-to-use-yuan-in-bilateral-trade


2 posted on 02/05/2018 10:23:46 PM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123

This is important...

China is on a role across the Asian countries and basically around the world.....idiot Dems think Russia is the enemy while they fail miserably to see the China threat continuing to gain steam....they are not sitting still for a moment!


3 posted on 02/05/2018 10:26:22 PM PST by caww
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To: caww

I agree.

The thing is, when I was last in America I shopped at Walmart.

Almost EVERYTHING at the Walmart, was from China. And it is not just Walmart. Also Target. K-Mart. Every computer store. Every auto parts store. Every hardware store.

America, we really are big-time sold out, to China.

For real.


4 posted on 02/05/2018 10:29:58 PM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123

Greater East Asia Co-Prosperity Sphere anyone?


5 posted on 02/05/2018 10:30:35 PM PST by Cincinatus (Omnia relinquit servare Rempublicam)
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To: cba123

Yes...actually the world is being sold out to China......Trump has known it for years....another reason he wanted to be Pres. because nobody was stopping these very strategic moves of China......

Once China got Russia on board too and no all these others for the Belt and Road Project.it’s moving at lightening speed.

And BTW the Demorats aren’t just fighting Trump ..they’re fighting with China as China is huge and all about World Governance.


6 posted on 02/05/2018 10:41:44 PM PST by caww
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