Dominique ... // Dominique Strauss Khan l-a sunat pe Ben Shalom Bernanke si i-a spus: Vezi bre Shalom cand ti-am propus sa reducem cota dolarului si sa introducem Yuanul si Yenul in SDR mi-ai facut lucratura cu Sofitelu; e mai bine acum cand China si Japonia nu mai folosesc dolarul tau ? Japan, China bypass US in currency trade http://atimes.com/atimes/Japan/NF02Dh01.html [http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal) ] TOKYO - Japan and China started direct trading of their currencies, the yen and the yuan, on the inter-bank foreign exchange markets in Tokyo and Shanghai on Friday in an apparent bid to strengthen bilateral trade and investment between the world's second- and third-largest economies. Direct yen-yuan trades also aim to hedge the risk of the dollar's fall in the long run as the world's key settlement currency and as the main reserve currency in Asia, the world's economic growth center in the 21st century. By skipping the dollar in transactions, the region's two biggest economies intend to reduce their dependence on dollar risk and US monetary authorities' influence on the Asian economy - aiding China's goal of undercutting US influence in the region. It is the first time that China has allowed a major currency other than the dollar to directly trade with the yuan. For Beijing, this new step brings benefits of further internationalization of the yuan. For Tokyo, the possible future correction of China's still artificially undervalued yuan may bring the plus of a weaker yen, boosting profits of Japanese exporters such as Toyota and Sony in the long run ...