Regarding the March 30 editorial, "Taking aim at the dollar": The Chinese government may complain about the dollar as the international reserve currency, but up to now it has actively encouraged (transactions in dollars). When I buy things from China, I'm asked to pay in dollars. When I object and ask to pay in Chinese yuan, I've been told that to do so would be much more expensive, because I wouldn't get the tax relief on international transactions. It's as bizarre as the customer demanding to be billed through a different company — despite a 10 percent addition to the invoice value — to reduce the number of suppliers.
5 hours ago
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