China looks increasingly to dump the dollars it holds. As the largest holder of the U.S. currency, China moves to hedge the dollar position with other currencies.
China is leading the way in Latin America. China has been negotiating deals to double a development fund in Venezuela to $12 billion, lend Ecuador at least $1 billion.
At the same time, more talks on China leading the world out of the recession, instead of Japan and Europe.
Japan will issue the largest ever national debt in 2009 to pay for economic stimulus package
Japan considers to sponsor unemployed Japanese in Brazil
China's GDP grows by 6.1, a big drop for China. (Not for everyone else)
Japan significantly relaxes regulation to lure more Chinese tourists
China opens rehabilitation facility for internet addicts
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