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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt (33675 Views)
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Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by MinorityTribe: 2:12pm On Dec 22, 2015 |
genuinechimere:I didn't abuse you, just call you what you are. An illiterate! Prove you aren't an illiterate, say something smart. |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by DedeNkem: 2:13pm On Dec 22, 2015 |
China has finally bought Zimbabwe. Nigeria is next. China has already flooded Nigeria with inferior products and is busy building infastructure in Nigeria on credit. Nigeria presently owes China a whopping 6.2 Billion US dollars, (thanks to northern thieves) and the debt keeps increasing. |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by prettyboi1(m): 2:13pm On Dec 22, 2015 |
Felx007:Well, isn't our official 'national language' English? 1 Like |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by MinorityTribe: 2:15pm On Dec 22, 2015 |
ChinonsoDike2:All these Nigerian-Americans feeling like god just because they are in the US. I am quite sure even Almajiris in the North live better life than your American blackass. 6 Likes |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by genuinechimere(m): 2:16pm On Dec 22, 2015 |
MinorityTribe:I refuse to join issues with you. Silence they say it's the best answer for a ......? Good day Mr "Albert Einstein" 3 Likes |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by MinorityTribe: 2:17pm On Dec 22, 2015 |
genuinechimere:Good day Mr illiterate. |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by leofab(f): 2:18pm On Dec 22, 2015 |
Power is shifting to the east.. Goodbye to piescian age!!!! |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by ZUBY77(m): 2:18pm On Dec 22, 2015 |
stardragon: Why are countries using US Dollars as legal tender? Is there any supreme justification to that? It is the rule they created by themselves when they were the highest oil buyers. Now Chinese has taken over that mantle. Chinese produce half of what Zimbabwe buys and uses. Same with most African countries. You produce oil and they determine the price and trading currency, how do you think your oil will sustain you when they occasionally threaten to stop buying at the price you want? What exactly do you think caused the Libyan invasion? What did Ghadafi do? I have said it that Africa should swallow their black useless pride and look up to Asia. Europe and United States developed long ago and while sitting up there, they make rules that suppress emerging countries. They have reached their economic limit and the only way to maintain it and remain up there is to make economic rules that crush emerging countries. They manufacture things and shop them to you. You manufacture yours, they call it substandard and stop you from discussing it at all at the World Trade Organisation. How many Africans are members of WTO? Zero. Only hardliners such as China, Iran and co are able to wriggle themselves out of the grip of Europe and USA. Africa needs to start doing the same. Stop looking up to America, it's common sense that Dangote or Adenuga will never give you an idea that will make you get richer than them or make you as rich as they are. When things are not working for you, it's logical that you try something else. 6 Likes 3 Shares |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by coolhumble(m): 2:19pm On Dec 22, 2015 |
Someone has sold his country |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Elxandre(m): 2:20pm On Dec 22, 2015 |
promkingzz:Psquare ke... You wan kill them? Lol |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by MinorityTribe: 2:22pm On Dec 22, 2015 |
ZUBY77:Thank you, Where is that American Black Assz ChinonsoDike2. Come read this. 1 Like |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by onatisi(m): 2:26pm On Dec 22, 2015 |
400billionman:many don't know that china has spread set up a bank just like the IMF or world bank and a lot of Asian countries have joined. The Chinese are gradually becoming the world super power. Zambia too will soon join Zimbabwe and once those 2 countries are in it is just a matter of time before other African countries join. China will try to turn Zimbabwe into a working and vibrant economy so as to attract other African countries. This will be a huge threat to south Africa because of the cheap goods which china will be making in Zimbabwe 2 Likes |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by ooshinibos: 2:28pm On Dec 22, 2015 |
where is the black nation we all shouted about .....KAI .. why don't we have a successful black nation on planet earth |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by onatisi(m): 2:28pm On Dec 22, 2015 |
DedeNkem post=41241436 :Ghana has already mortgaged her oil to china for a number of years |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Charly68: 2:28pm On Dec 22, 2015 |
The Baba would have adopted Naira as Zimbabwe's legal currency we would have paid up their &40m debt...what a. Slap..high time we wake up as Giant of Africa & begin to play our big brother's role..that figure is still a chicken change compared to the billions that some vandals flittered away 1 Like |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by ajealadick(m): 2:34pm On Dec 22, 2015 |
[img][/img]Now I understand this man[/size] [img][/img][code][/code][quote][/quote][sub][/sub][email][/email][url][/url][img][/img][font=Lucida Sans Unicode][/font][size=8pt] [center][/center][right][/right][left][/left][s][/s][i][/i][b][/b] 1 Share
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Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by lordmayor4(m): 2:43pm On Dec 22, 2015 |
Expect more trouble in the zone this coming year. |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Nobody: 2:46pm On Dec 22, 2015 |
MR MUGABE ,SO YOU ARE SO CHEAP.OUR POLITICIANS WILL NOT ONLY TAKE OVER YOUR LEGAL TENDER BUT ALSO ADOPT YOUR COUNTRY AS A CHILD WITH THEIR BILLIONS OF DOLLARS. |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by lezz(m): 2:54pm On Dec 22, 2015 |
TheGreenDay:neocolonialism at its peak. So much for the SADC |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by DikSin(m): 2:56pm On Dec 22, 2015 |
koboko69: *in Timaya's voice* i Concur |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by emzila(m): 3:23pm On Dec 22, 2015 |
A NATION DESTINY HAS JUST BEEN CHANGED FOR $40M WHILE ONE IDIOT JUST LAVISHED OUR $2.1B JUST LIKE THAT IN THE NAME OF RE ELECTION BID. DASUKI AND OTHERS MUST GO TO JAIL. |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Nobody: 3:47pm On Dec 22, 2015 |
MinorityTribe: Mortgaged house, Mortgaged vehicle about to be repossessed , schooled on credit to pay back over a thousand years...... yet he get mouth come Nairaland. I only blame cheap internet if not he is using a rented phone, how could he have gotten here?. 2 Likes |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by sammhi(m): 3:47pm On Dec 22, 2015 |
koboko69:am sure you are a kid who never reads! if not you will know that Abacha is not PDP.... the so called looted fund were Abacha looted fund.... my point: all leaders from 1960 to date including your God PMB has contributed to making Nigeria what it is today....stop blaming GEJ alone...they are all guilty of looting, lying, discrimination , tribalism etc that has become chains retarding progress.... or was Abacha in PDP? or was Shagari, IBB etc in PDP.?. it is only a kid that would think GEJ or PDP is Nigeria problem..no sir ... by extension ..we all are guilty..am sure in your little corner, you are stealing .... Go to EFCC, police, Army, ministres, Universities etc you will find corruption ...is it GEJ or PDP too? 5 Likes |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by banio: 3:48pm On Dec 22, 2015 |
That means China can buy Zimbabwe by producing enough Yuan. |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by RFella(m): 4:06pm On Dec 22, 2015 |
dominique: Lolsss....you go soon start e-war between Nigerians and Zimbabweans |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by angiography(m): 4:25pm On Dec 22, 2015 |
linusbnn:I bet you, the Chinese are worse than the Americans |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by cosmicrayboi(m): 4:35pm On Dec 22, 2015 |
see that chinasa guy face thats all naija needs from london ryt noe |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by EasternLion: 4:44pm On Dec 22, 2015 |
cosmicrayboi: Ray? |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by cosmicrayboi(m): 4:47pm On Dec 22, 2015 |
EasternLion:who they hell me like this, that chinasa na ur broda? abi una wan leave goodluck jonny now come dey blame me |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Nobody: 5:05pm On Dec 22, 2015 |
[quote author=ZUBY77 post=41239689]Why are countries using US Dollars as legal tender? Is there any supreme justification to that? It is the rule they created by themselves when they were the highest oil buyers. Now Chinese has taken over that mantle. Chinese produce half of what Zimbabwe buys and uses. Same with most African countries. You produce oil and USA determine the price and trading currency, how do you think your oil will sustain you when they occasionally threaten to stop buying at the price you want? What exactly do you think caused the Libyan invasion? What did Ghadafi do? I have said it that Africa should swallow their black useless pride and look up to Asia. Europe and United States developed long ago and while sitting up there, they make rules that suppress emerging countries. They have reached their economic limit and the only way to maintain it and remain up there is to make economic rules that crush emerging countries. They manufacture things and ship them to you. You |
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by koboko69: 5:16pm On Dec 22, 2015 |
sammhi: Hey Mr. Aint dumb as u are. The Democratic government was to come and correct the abnormalities of the past. Not to come and take it to another level. PDP was in power for 16years....i don't give a hoot about military dictators. ...what i care about is after clamoring for a democracy in other to have freedom and financial freedom..,hoping for the best....PDP took looting to another level. So dont quote me and tell me what we all know 1 Like |
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