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"Those are not cats or kneeling cats on the bank note"

Cartoon images of "worshiping cats" on the Chinese 100 yuan RMB banknotes, "the equivalent of the 'Eye of Providence' on the US dollar," probably weren't designed as cartoon cats. A coin expert noted that there were no cat's whiskers on the bank note, as shown on the "clarified" image. But if you're looking for hidden images in Chinese currency, World War II era Chinese currency has many cases of hidden messages and over-printed propaganda (part 2 of a series on WWII Allied banknote propaganda).
posted by filthy light thief on Feb 9, 2012 - 13 comments

Europe on fifteen hundred yuan a day.

Evan Osnos joins a tour group from China as they traverse Europe. In the front row of the bus, Li stood facing the group with a microphone in hand, a posture he would retain for most of our waking hours in the days ahead. In the life of a Chinese tourist, guides play an especially prominent role—translator, raconteur, and field marshal—and Li projected a calm, seasoned air. He often referred to himself in the third person—Guide Li—and he prided himself on efficiency. “Everyone, our watches should be synchronized,” he said. “It is now 7:16 P.M.” He implored us to be five minutes early for every departure. “We flew all the way here,” he said. “Let’s make the most of it.” [more inside]
posted by WalterMitty on Jul 28, 2011 - 71 comments

Begun the currency wars have.

China, Russia Quit the Dollar on bilateral trade. Are India and Brazil next? BRIC leaders aim for 'multipolar' world order.
posted by AElfwine Evenstar on Nov 24, 2010 - 49 comments

Dollars, Yuans, and the coming chaos

The Fed is in a dangerous game with China : Chen Zhao, chief emerging markets strategist at Bank Credit Analyst Research Group, has written an article for The Financial Times, postulating that the Central Banks of the US and China are engaging in a massive reflation. When the reflation ends, however, the US may be in a world of hurt. Meanwhile, some members of the Bush administration are calling for china to let the $/Yuan exchange rate float. A prominent expert, however, expects China to continue to peg its currency. Others discuss the ramifications of a floating currency. Read yet another collection of links at the Library of Economics and Liberty.

What should happen to exchange rates? What will happen?
posted by trharlan on Aug 1, 2003 - 24 comments

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