The US Dollar Roars Back

China loves the US dollar again as America roars back ... China's central bank has radically revised its view of US economic and strategic power, predicting that the dollar will remain the world's paramount reserve currency for decades to come. Dr Jin said the world was moving to a '1+4' system, with the greenback serving as the anchor of global payments ... Jin Zhongxia, head of the central bank's research institute, said America's energy revolution and export revival had shaken up the global landscape and would lead to a stronger dollar over time. "The dollar's global dominance will continue," he said. – UK Telegraph
Dominant Social Theme: The US economy is fine shape.
Free-Market Analysis: China's central bankers have decided that the US economy is in fine shape, according to the UK Telegraph. This doesn't make much sense, given the US's generalized economic and socio-political difficulties but we wouldn't expect China's central planners to figure this out.
Apparently, Dr. Jin and other Chinese bankers believe the world is moving "to a '1+4' system, with the greenback serving as the anchor of global payments, supplemented by 'four smaller reserve currencies' – the euro, sterling, yen and yuan."
The Daily Bell