{"id":896,"date":"2014-10-31T06:40:27","date_gmt":"2014-10-31T10:40:27","guid":{"rendered":"http:\/\/olduvai.ca\/?p=896"},"modified":"2014-10-31T06:40:27","modified_gmt":"2014-10-31T10:40:27","slug":"the-dollar-decline-continues-china-begins-direct-convertibility-to-asias-1-financial-center","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=896","title":{"rendered":"The dollar decline continues: China begins direct convertibility to Asia\u2019s #1 financial center"},"content":{"rendered":"<p><a href=\"http:\/\/www.sovereignman.com\/trends\/the-dollar-decline-continues-china-begins-direct-convertibility-to-asias-1-financial-center-15435\/\">The dollar decline continues: China begins direct convertibility to Asia\u2019s #1 financial center<\/a>.<\/p>\n<p style=\"box-sizing: border-box; word-wrap: break-word; padding: 0px; margin: 0px 0px 27px 0px;\">This morning some of the biggest financial news of the year made huge waves all over Asia.<\/p>\n<p style=\"box-sizing: border-box; word-wrap: break-word; padding: 0px; margin: 0px 0px 27px 0px;\">Yet in the Western press, this hugely important information has barely even been mentioned. (CNBC.com, for example, has yet to report on this story as of 11:45am Eastern\u2026)<\/p>\n<p><a style=\"box-sizing: border-box; word-wrap: break-word; background-image: initial; background-attachment: initial; background-origin: initial; background-clip: initial; background-color: transparent; color: #0066cc; text-decoration: underline; background-position: initial initial; background-repeat: initial initial; padding: 0px; margin: 0px;\" href=\"http:\/\/www.sovereignman.com\/wp-content\/uploads\/2014\/10\/Singapore-dollar-news.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-15444\" style=\"box-sizing: border-box; word-wrap: break-word; vertical-align: middle; max-width: 100%; height: auto; display: block; padding: 0px; margin: 0px auto 14px auto; border: 0px initial initial;\" title=\"The dollar decline continues: China begins direct convertibility to Asias #1 financial center  photo\" src=\"http:\/\/www.sovereignman.com\/wp-content\/uploads\/2014\/10\/Singapore-dollar-news.png\" alt=\"Singapore dollar news The dollar decline continues: China begins direct convertibility to Asias #1 financial center \" width=\"1200\" height=\"516\" \/><\/a><\/p>\n<p style=\"box-sizing: border-box; word-wrap: break-word; padding: 0px; margin: 0px 0px 27px 0px;\">So what\u2019s the news?<\/p>\n<p style=\"box-sizing: border-box; word-wrap: break-word; padding: 0px; margin: 0px 0px 27px 0px;\">The Chinese government announced that the renminbi will become directly convertible with the Singapore dollar\u2026 effective tomorrow morning.<\/p>\n<p style=\"box-sizing: border-box; word-wrap: break-word; padding: 0px; margin: 0px 0px 27px 0px;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dollar decline continues: China begins direct convertibility to Asia\u2019s #1 financial center. This morning some of the biggest financial news of the year made huge waves all over Asia. Yet in the Western press, this hugely important information has barely even been mentioned. (CNBC.com, for example, has yet to report on this story as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[34,130,675,679,839],"class_list":["post-896","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-asia","tag-china","tag-renminbi","tag-reserve-currency","tag-us-dollar"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=896"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/896\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}