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China warns Soros against ‘declaring war’ on its currency
http://www.marketwatch.com ^ | Published: Jan 26, 2016 4:02 p.m. ET | by Sue Chang

Posted on 01/26/2016 2:07:18 PM PST by SaveFerris

Not long after billionaire George Soros forecast a so-called hard landing for the Chinese economy, Beijing fired back by calling out the high-profile investor, warning him of betting against its currency, according to media reports Tuesday.

“Soros’ challenge against the renminbi and Hong Kong dollar is unlikely to succeed, there is no doubt about that,” said a government official in an opinion piece widely cited by several media outlets.

The article headlined, ”Declaring war on China’s currency? Ha ha,” was published by the People’s Daily, the official newspaper of the Chinese Communist Party which is widely viewed as Beijing’s propaganda tool.

A translation of the Mandarin version of the editorial linked by ZeroHedge includes references to the U.S. suffering from a “Dutch disease” and “financial predators.”

(Excerpt) Read more at marketwatch.com ...


TOPICS: Front Page News; News/Current Events
KEYWORDS: china; currency; georgesoros; kapo; renminbi; soros; suechang
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Gotta tell ya, in this case, I'll be rooting FOR China ....
1 posted on 01/26/2016 2:07:18 PM PST by SaveFerris
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To: SaveFerris

Hey China. It’s OK...you can send someone to kill him if you want. Really. It’s OK...The world will thank you.


2 posted on 01/26/2016 2:09:44 PM PST by Captainpaintball (Immigration without assimilation is the death of a nation -- FUJB!!!)
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To: Captainpaintball

TAKE HIM OUT!!!!!!


3 posted on 01/26/2016 2:10:43 PM PST by dp0622
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To: SaveFerris

Maybe the ChiComs will “reach out and touch” George!


4 posted on 01/26/2016 2:11:11 PM PST by E. Pluribus Unum ("The goal of socialism is communism... Hatred is the basis of communism" --Vladimir Lenin)
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To: SaveFerris

Please pass the popcorn!


5 posted on 01/26/2016 2:11:28 PM PST by datura (Proud Infidel)
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To: datura

Gonna need a lot of popcorn on this one.


6 posted on 01/26/2016 2:13:02 PM PST by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: SaveFerris

Someone take that SOB with a .50 cal please. Can’t think of any one individual who has caused more trouble with entire economies and sovereignty of entire nations than hat one evil demon. There can only be one reason he is allowed to live and it has to be $$$$$ in the hands of corrupt politicians. No other answer makes sense.


7 posted on 01/26/2016 2:13:38 PM PST by jsanders2001
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To: SaveFerris

I don’t often root for Soros. In this case, I’ll make an exception.


8 posted on 01/26/2016 2:13:53 PM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: SaveFerris

China’s Plunge Protection Team is well-armed.


9 posted on 01/26/2016 2:14:55 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: Zhang Fei

Not I. Im voting for China.
I hope that shriveled up piece of sh** TRIES to take down the chinese currency. It will be nice to see that evil MFer taken out.


10 posted on 01/26/2016 2:15:49 PM PST by hillarys cankles
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To: Captainpaintball

Ditto that! I’m sure there will be no complaints in Israel if China were to dispense justice to this evil Holocaust war criminal.


11 posted on 01/26/2016 2:17:07 PM PST by MeganC (The Republic of The United States of America: 7/4/1776 to 6/26/2015 R.I.P.)
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To: jsanders2001

I agree. This guy’s hands appear to have seen a whole lot of dirty work, including many deaths. I won’t miss him one bit.


12 posted on 01/26/2016 2:18:11 PM PST by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: SaveFerris

Wouldn’t it be a shame if something happened to that degenerate.


13 posted on 01/26/2016 2:19:31 PM PST by txrefugee
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To: SaveFerris

If we took our business away from China, the Pacific theater would be better overnight.


14 posted on 01/26/2016 2:19:51 PM PST by DoughtyOne (Free Republic Caucus: vote daily / watch for the thread / Starts 01/20 midnight to midnight EST)
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To: jsanders2001

Isn’t he a wanted man in Thailand? Thailand! I f someone could hijack his plane and land in Thailand (Thailand!) he could spend his final days in a Thai prison! That would be cool with me!


15 posted on 01/26/2016 2:20:21 PM PST by Dr. Bogus Pachysandra (Don't touch that thing Don't let anybody touch that thing!I'm a Doctor and I won't touch that thing!)
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To: SaveFerris

The only way to hurt the yuan is to INCREASE its value. That’s the opposite of baby Satan’s business model.

How do you short a currency that is already highly undervalued?


16 posted on 01/26/2016 2:20:28 PM PST by datura (Proud Infidel)
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To: DoughtyOne

i’d eat a ham sandwich if I had some ham


17 posted on 01/26/2016 2:22:05 PM PST by Thibodeaux (leading from behind is following)
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To: jsanders2001

Why a .50? Leaves a mess. A .22 will do the job nicely in the hands of a good sniper or assassin.......even better with a silencer.....


18 posted on 01/26/2016 2:22:10 PM PST by Arlis ( A "Sacred Cow" Tipping Christian)
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To: DoughtyOne

Can we get both? No Soros and that?

It would work for me, anyways. ;)


19 posted on 01/26/2016 2:23:54 PM PST by SaveFerris (Be a blessing to a stranger today for some have entertained angels unaware)
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To: SaveFerris

What’s to prevent the Chinese from just eliminating the threat ?


20 posted on 01/26/2016 2:25:09 PM PST by faithhopecharity ("Politicians are not born, they're excreted." Marcus Tullius Cicero (106 -- 43 BCE))
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