The yuan is the base denomination of the Chinese currency and also happens to be the name of the Dynasty once jointly ruled by the Mongols and China. It rises again.
China works on plans for centuries, decades, and then years. They take the long term view according to history. So forty years after Nixon they almost have us down on our knees and they are planning to neutralize our influence first in their sphere and then to become the predominant military and economic power in the world. We have done what we can to help them along by electing president after president who wouldn't stop shipping our industry and technology over there and to allow many high technology transfers occur that aid their industry and military. It has brought us to the point where they may pass us within a few years in terms of economic output. Don't be confused by such terms as per capita wealth and standard of living. Those things don't matter in the sphere of global reach and strength since they can always add more labor to push us down further in the competitive realm. We are at risk.
Recent headlines include.
China Encircles the USA by arming neighbors in hemisphere.
Pentagon aircraft, missile defense are target of Chinese cyber threat.
The Chicoms have also made continuous efforts to take our currency down and remove it from reserve status. We have ourselves to blame for this but it still is moving along quite well as they work to put others into trading positions that remove the dollar from the equation.
China attempts to remove the dollar from reserve currency and international supremacy.
Things your can do to protect yourself and the country.
Buy solar panels and get yourself off grid to protect against the Chinese cyber threat and hackers.
The risk posed against our grid is part of their plan to have a blackmail card in the event of a Taiwan incident. Unfortunately even many solar panels are made there. I'd rather pay Japan or Taiwan if I can't get a good one from the USA. Buy from competitors of China when you can.
Never get home construction products from China if you want to be sure of the health safety associated with them. Ask Florida home owners about their drywall problems.
Lead poisoning from Chinese products usually a result of paint.
Buy lead test swabs to check products if you don't know their origin. Save yourself the worry and buy from other countries when possible. Go USA if at all possible since here the legal worries alone reduce the risk a manufacturer will put lead in the products.
Think of China like we once viewed the Soviets. Would you have done anything to support their growth or success back then. We can individually work to limit our individual risk by not buying their products and by limiting our exposure to currency manipulations by owning hard assets. At this point I wouldn't even buy guns or ammunition from them if imported recently. Stick with Europe, South America, and others allied with us in Asia.
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