The Music Goes on and on

[freedom]

I don't consider exchange in general market as redemption, that's merely a trade. I only consider exchange from PBOC as a way of redemption. I am not talking about general central banks. I am talking about PBOC only throughout the entire conversation. The USD from PBOC is not SAFRA voucher, it is as real as any USD is. A lot of Chinese companies acquire oversea assets through this way.