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Title : World Trade Is Trending Towards China
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World Trade Is Trending Towards China

WNU Editor: This is why China is on course to be the economic superpower of the world. 

Here is also something that I learned over the weekend. 

I was told by someone I trust in China that within five years Chinese companies will be asking all of their customers that if they want to be buy their goods, pay in Chinese currency. If true, this will be the first broadside by China to dethrone the US currency as the world's reserve currency. 

I say why wait five years. Looking at the above image of global trading trends, China is well positioned to start asking their clients to pay them in renminbi now.

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