Re:How Chinese Officials Hijacked My Company
by beaunative on Saturday August 08, 2020 @06:07PM
(#24095629)
Your last paragraph can't be serious. Are you suggesting somehow China can print dollars? US lands are of course bought with US dollar, which reasonably assumed, only the Fed can print.
Re:How Chinese Officials Hijacked My Company
by secondcoming on Saturday August 08, 2020 @06:22PM
(#24095717)
They don't print physical dollars, but they can export their Chinese 'wealth' abroad through shady schemes.
As for printing US dollars, North Korea is suspected of doing so: https://en.m.wikipedia.org/wiki/Superdollar
The big question is how those funds were obtained. How can locals compete with buyers who can essentially print money? Funny money. Chinese banks are unauditable.