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RE: China Starts Ditching Dollar ~ News with Rick Sanchez … (Death of the Dollar–28) with Video
who do you think does not trust China?
Ehm. I would say that entire europe doesn't trust China. Probably many other countries do not trust them too. However it's important to say: I'm not talking about trust towards Chinese people, investors or businesses. I meant: chinese authorities and their complete lack of transparency.
But it seems that many other countries trust China.
I cannot think of many countries, which would trust to use Chinese currency as a reserve currency. For same simple reason: total lack of transparency and many times proven that they may abuse any economical agreement for political reasons. Even US administration have some limits. They do not.
Cheers :)
Piotr