To Destroy the Dollar: Chinese banks making bank off other countries!

07 September 2015 (20:52 UTC-07 Tango 01, 06 September 2016)/16 Shahrivar 1394/23 Dhu al-Qa’dah 1436/25 Yi-You 4713

“Offshore RMB [yuan] liquidity will be improved as the currency goes global, and cross-border RMB businesses remains heavyweight in the overseas sectors of Chinese-funded banks.”-Mao Yumin, CCB

China Communication Bank (CCB) net profit first six months Gregoria year 2015 $332.92-million USD, up 35.6% from same time last year!

Agricultural Bank of China‘s (ABC) overseas branches report net profits of $28-million USD, up 22.8%!

Industrial and Commercial Bank of China (ICBC) profits $27-million USD, up 13%!

Bank of China reports $4.65-billion USD in profits!

Central Asia gives up U.S. dollar for Chinese Yuan!