China issued 10 measures of emergency response to U.S. dollar printing 2
1. Domestic exports to the RMB settlement, try to use the RMB clearing; at RMB influential region, imports in RMB clearing, and further widen the yuan's influence.
2. Will release a Chinese citizen to 3,000 yuan per person deadline for the use of non-interest bearing long-term (repayment period of 20 years or
On) consumer credit, stimulating domestic demand to reduce exports, exacerbated by the United States domestic inflation.
3. Restrict the domestic non-ferrous metals, steel, crude oil, metals and other strategic raw materials exports, the first national strategic reserve for the acquisition.
The use of the existing foreign exchange reserves, currently still in the low purchase of oil, nonferrous metals, iron ore and other strategic resources.
4. To change the Chinese economic growth, domestic demand, focusing on import and export trade balance.
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