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Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt - Foreign Affairs (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt (33382 Views)

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Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Karleb(m): 1:37pm On Dec 22, 2015
In other words, China got herself a puppet, a small puppet for that matter.

1 Like

Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Nobody: 1:38pm On Dec 22, 2015
Ishopbest:
Good call


Those ridiculous Zimbabwean dollar amount will be no more grin grin grin grin

Thats a strategic alliance with the chinko republic, Nigeria should follow suit.
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by damilove(m): 1:38pm On Dec 22, 2015
This is simply "CHINCOlonianism" grin Don't mind me. Just kidding! grin
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by CharlyNick: 1:40pm On Dec 22, 2015
Chinese Currency even get strength pass our Naira with a long gap........

1 Like

Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Nobody: 1:40pm On Dec 22, 2015
This is what you get when a particular person sits on power for more than a decade...

#LetsBlameRobertMugabe...


lipsrsealed.
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Nobody: 1:41pm On Dec 22, 2015
damilove:
This is simply "CHINCOlonianism" grin Don't mind me. Just kidding! grin


ROTFL #...

Chai, u get mouth sha.
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by robosky02(m): 1:41pm On Dec 22, 2015
why not adopt the naira

hhhmmmmmmmm
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by promkingzz(m): 1:44pm On Dec 22, 2015
koboko69:
Because of ordinary 40million dollars.

When Jonathan, Dansuki and friends shared 2.1 billion dollars within themselves....

Na the one we still know ooo.

Nigeria is a f**king rich country.....

Just that PDP looted it dry!

Even P Square sef go settle d debt well. Chai! #Africans #MentalSlaves smh

2 Likes

Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by tyrannasty: 1:45pm On Dec 22, 2015
dabossman:


Yes o. They should come and educate us. Is this the birth of the Chinese Republic of Zimbabwe?
Lolzz
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by damilove(m): 1:46pm On Dec 22, 2015
Ebayray:



ROTFL #...

Chai, u get mouth sha.

Apologies!! smiley
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Iko5000: 1:46pm On Dec 22, 2015
[size=26pt]Zimbabwe now a country of slaves . Naira for life[/size]

1 Like

Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by 400billionman: 1:46pm On Dec 22, 2015
A step in the right direction.

CHINA helps struggling economies from Ethiopia to Nigeria to Zimbabwe. Unlike UK and US, always pursuing selfish policy thrusts..

The Chinese ecomomy is the strongest worldwide fuelled by so much exports and now the biggest worldwide.

1 Like

Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by AreaFada2: 1:47pm On Dec 22, 2015
Felx007:
Colonialism round 2. Very soon they will also adopt mandarin as national language. stvpid slaves

If only we had Ecowas money. But signing up to Yuan for just $40 m, haba!

Atiku alone can clear that bill na. grin cheesy
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by jaymdee(m): 1:48pm On Dec 22, 2015
Ah! Why didn't they ask for Nigeria's help on this? That way they could have started using Naira instead of chinko money.
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by tk4rd: 1:49pm On Dec 22, 2015
koboko69:
Because of ordinary 40million dollars.

When Jonathan, Dansuki and friends shared 2.1 billion dollars within themselves....

Na the one we still know ooo.

Nigeria is a f**king rich country.....

Just that PDP looted it dry!
Blaming Blamers
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by tyrannasty: 1:51pm On Dec 22, 2015
koboko69:
Because of ordinary 40million dollars.

When Jonathan, Dansuki and friends shared 2.1 billion dollars within themselves....

Na the one we still know ooo.

Nigeria is a f**king rich country.....

Just that PDP looted it dry!
A wise man said Nigeria is the strongest country on earth cos all that could possibly go wrong with a nation has with Naija

5 Likes 1 Share

Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by obaiIaIa(m): 1:53pm On Dec 22, 2015
serious?
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Nobody: 1:55pm On Dec 22, 2015
ZUBY77:
Good news
oga how??
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Opharhe: 1:57pm On Dec 22, 2015
tyrannasty:
Financial experts, economists,
What are the implications of this?


One thing I'm sure of is they're gonna exploit that country.
These asians ain't loyal
Who's loyal? There's No colonialist of Neo-colonialist(as Mugabe has brought upon his country) that will not seek to exploit for it's own benefit.
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by tyrannasty: 1:59pm On Dec 22, 2015
Opharhe:
Who's loyal? There's No colonialist of Neo-colonialist(as Mugabe has brought upon his country) that will not seek to exploit for it's own benefit.
He's surely up to something.
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by genuinechimere(m): 2:01pm On Dec 22, 2015
MinorityTribe:
Nice! I love this! The US petrol dollars is a scam! Iraq plans to sell her oil in Euro currency only and in a swift moment the country was invaded by the US on pretense of Weapons of mass destruction. Soon they will find a stvpid reason to go to war with China once the world start adopting their currency as the official legal tender. All the US have is their dollar, Take it out and watch the country collapse like T.B Joshua building. The US and Saudi Arabia should just keep joking with oil price per barrel, E go do una like film trick when oil producing country drop that useless dollar for another currency.
Zimbabwe adopted another country's currency as legal tender and u are clapping 4 it. Hmmmmm.

1 Like

Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by SerengetiTZ(m): 2:02pm On Dec 22, 2015
Afica for africans.We ca never depend on these white capitalists for our economic problems.Capitalists are always there for profit making
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Kzeals: 2:02pm On Dec 22, 2015
I love these Chinese guys, they are gradually capturing Africa. Silently building their economy dynasty.
Congratulations, Zimbabwe now have a new slave master.
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by dragunov: 2:04pm On Dec 22, 2015
MinorityTribe:
Nice! I love this! The US petrol dollars is a scam! Iraq plans to sell her oil in Euro currency only and in a swift moment the country was invaded by the US on pretense of Weapons of mass destruction. Soon they will find a stvpid reason to go to war with China once the world start adopting their currency as the official legal tender. All the US have is their dollar, Take it out and watch the country collapse like T.B Joshua building. The US and Saudi Arabia should just keep joking with oil price per barrel, E go do una like film trick when oil producing country drop that useless dollar for another currency.
US can't try sh*t with China.
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by genuinechimere(m): 2:04pm On Dec 22, 2015
kaeforum:


Thats a strategic alliance with the chinko republic, Nigeria should follow suit.
this is no strategic alliance. If Nigeria wants to ally with any country. It should be to shoulder-to-shoulder, not being a puppet. Adopting another country's currency as legal tender is puppetry.

3 Likes 1 Share

Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by MinorityTribe: 2:05pm On Dec 22, 2015
genuinechimere:
Zimbabwe adopted another country's currency as legal tender and u are clapping 4 it. Hmmmmm.
Before they adopted that "another" currency do you know they aren't even using theirs? If you read the article you will get to the part were it reads "Zimbabwe drop their currency since 2009 because of inflation". Unless you are of course those illiterate and teenagers rushing to comment without reading.

2 Likes

Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by ChinonsoDike2: 2:07pm On Dec 22, 2015
MinorityTribe:
Nice! I love this! The US petrol dollars is a scam! Iraq plans to sell her oil in Euro currency only and in a swift moment the country was invaded by the US on pretense of Weapons of mass destruction. Soon they will find a stvpid reason to go to war with China once the world start adopting their currency as the official legal tender. All the US have is their dollar, Take it out and watch the country collapse like T.B Joshua building. The US and Saudi Arabia should just keep joking with oil price per barrel, E go do una like film trick when oil producing country drop that useless dollar for another currency.

Why are you A*holes always so pissed at the USA?! Did we deny you visa?! grin
Always plotting the downfall of a country a million times better than your sub-Saharan craphole. Concentrate on your country, you low IQ sub-human. 'Merica!

4 Likes

Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Nobody: 2:08pm On Dec 22, 2015
happney65:


The Dollar would forever be the dominant official tender and not one yen from one communist country who's second name is to churn out fake products
nothing last forever....
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by SerengetiTZ(m): 2:08pm On Dec 22, 2015
Now you can learn why having classes itself is meaningless
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by ChinonsoDike2: 2:08pm On Dec 22, 2015
stardragon:

nothing last forever....

America's greatness will last forever.
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by Nobody: 2:09pm On Dec 22, 2015
damilove:

Apologies!! smiley

Lol, its alright...
No nid to apologize smiley
Re: Zimbabwe Adopts Chinese Yuan As Official Legal Tender In Exchange For $40m Debt by genuinechimere(m): 2:11pm On Dec 22, 2015
MinorityTribe:
Before they adopted that "another" currency do you know they aren't even using theirs? If you read the article you will get to the part were it reads "Zimbabwe their currency since 2009 because of inflation". Unless you are of course those illiterate and teenagers rushing to comment without reading.
when I commented, I can't remember using any abusive or foul language on u. What brought about abusing me here? Well, two people can't get mad at same time, Mr Know-it-all

2 Likes

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