Chinese RMB as a reserve currency
This is how I see the Chinese RMB becoming a reserve currency: 1. China buys raw materials from other countries and pays in RMB. 2. The exporting country keeps the RMB and use it to pay for products from China. 3. The unused RMB can be kept with the Chinese banking system to earn an attractive interest rate. 4. The RMB can be...
Kiasu, Kiasi, Bo Chup — Singapore’s Withering Trinity of Maladies
Kiassu, kiassi and bo chup are quintessential Singapore lexicology. These are Hokkien dialect terms which Singaporeans of all races are familiar with. All three have negative connotations, and I am ahgast that some writers suggest these are cultural embodiments of Singaporeans. These Singapore local catch phrases or terms are...
Singaporeans Should Have Courage To VTO Like Malaysians
In Singapore, as you watch the debate in Parliament, you notice a lot of MIA and Zzzz MPs who took highly paid $192k part time job, these are your representatives that do not represent your needs. Aren't these the jiat liao bee that you need to vote out? Along with the highly paid mayors who do not do much. Next you have a bunch...
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- Oppo offers NO SOLUTIONS on Singapore Needs a Dynamic Multi-Party System
- PAP mandate strong on Chaos in China as extreme storm destroys homes and cars
- Wrong Wong on Singapore Needs a Dynamic Multi-Party System
- ELD won on A Regrettable But Understandable Outcome
- Yes on Singapore Needs a Dynamic Multi-Party System
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