Dear Log,
«"The U.S. dollar is no longer - in our opinion is no longer - (seen) as a stable currency, and is devaluating all the time, and that's putting troubles all the time," Fan said, speaking in English.That means "let us eat Taiwan for breakfast or else we're cutting off your credit".
"So the real issue is how to change the regime from a U.S. dollar pegging ... to a more manageable ... reference ... say Euros, yen, dollars - those kind of more diversified systems," he said.»--"China has lost faith in stability of U.S. dollar, top Chinese economist says"
