The "China Banknote Printing and Minting Corporation" confirmed that money production plants across the country were running at near full capacity to meet an unusually high quota set by the government this year, Hong Kong-based South China Morning Post reported.
Until recently China did not print foreign currency at all, but in 2013 Beijing launched the Belt and Road Initiative, a plan that seeks to stimulate economic growth in around 60 countries from Europe, Africa and Asia through investment and infrastructure projects.
Congres leader Shashi Tharoor has expressed his concerns that the news, if true, could have national security implications.
The report in the Chinese daily claimed that despite domestic currency demand being at its lowest, ChinaBanknote Printing and Minting Corporation has been "functioning at full capacity to deliver on global contracts". So much so the Chinese currency makes a small portion of the currency notes being processed inside the state-owned currency printing company, which describes itself as the world's largest money printer. Not to mention making it easier for Pak to counterfeit.
While the government has come forward with an explanation, the Reserve Bank of India's silence on the report has raised a few eyebrows.
Gunmen attack intelligence training centre in Kabul
The blast, which shattered weeks of relative calm in Kabul , also wounded at least 67, including both male and female students. Hundreds of people have fled the fighting in Ghazni, which has also killed about 100 members of the Afghan security forces.
The news spread quickly on social media, prompting outrage over how this could endanger national security. A Xinhua report stated that Bhuban Kadel, the executive director of the Nepalese central bank, said he was 'utterly impressed by the quality of the notes, particularly considering the cost was far lower than the bank had previously paid to another printer'. This company prints currency of several other nations which include for Nepal, Thailand, Bangladesh, Sri Lanka, Malaysia, Brazil and Poland. India has been opposed to China's Belt and Road initiative since its genesis. It has employed 18,000 people and runs around 10 strictly guarded facilities for the production of paper notes and coins.
"He should also answer why was there a need to go to a foreign country to get the currency printed?"
Referring to the report, Mr Chadha said that an undisclosed source was quoted as saying that some governments have asked Beijing "not to publicise the deal because they are anxious such information could compromise national security or trigger unnecessary debates at home".
Currency printing is a significant strategic move by China.
The news report claims that China sees printing foreign currencies as an opportunity to increase Beijing's "influence on the world economy and geopolitics".
Nous pensons qu'il s'intégrera très bien chez McLaren et sommes ravis de l'avoir parmi nous à partir de la saison prochaine. Un retour n'est toutefois pas pleinement exclu, à condition que la structure de Woking hausse son niveau de jeu.
The league president, Javier Tebas, however, dismissed the possibility of taking the clásico away from Spain. Spain's top football league, LaLiga will play competitive matches in the USA as early as this season .
Cape Town - Formula One great Michael Schumacher is set to move to Spain , where a £27 million (R495 million) mansion awaits. Rouarch had hinted that Schumacher would arrive in the near future in an interview with the Swiss magazine L'Illustre.
However, Suren Thiru, head of economics at the British Chambers of Commerce, said this now looked to have been a premature move. The ONS figures also showed the number of European Union nationals working in the United Kingdom fell by a record amount.
Arsenal goalkeeper Petr Cech called Bayer Leverkusen "sad" after the German side appeared to mock him on Twitter. Maybe in one match you can be very happy with the performance and the result - and I want that on Saturday.
Basé sur le film d'animation de 1998, le nouveau long-métrage de Disney se tourne actuellement en Nouvelle-Zélande et en Chine. Impossible pour la firme de rater la version live-action de Mulan dont l'histoire est tirée d'une légende chinoise .
You can't tell me you win MVP two years ago, and then last year, you a complete bust, and you still got Julio Jones? Michael Wilbon went on Pardon the Interruption Wednesday afternoon and aimed his ire squarely at Jalen Ramsey .
She alleged that during the row: "He began obsessing about something untrue and his demeanour changed dramatically. Miss Heard is moving on and we don't want to engage in this nonsense, ' the rep tells the publication.
Retenu à la maison d'arrêt de Fleury-Mérogis depuis cette vive altercation, Booba avait déposé une demande de liberté provisoire. Ainsi, les 2 rappeurs ne recouvriront leur liberté qu'à l'issue de leur procès pour violences aggravées , prévu le 6 septembre.
McLaren confirm Carlos Sainz Jr for 2019
Sainz added: "I'm delighted to finally be able to confirm that I'll be a McLaren driver from the 2019 season". A McLaren spokesperson said "we never comment on driver matters" when contacted by Autosport.
Arsenal's Maitland-Niles ruled out for eight weeks
Arsenal midfielder Ainsley Maitland-Niles has suffered a fracture in his left leg and will be out for six to eight weeks. It's the third loan-spell for the 20-year-old Bielik, whose time at Walsall last season was ruined by a long-term injury.
Man United target close to signing new contract
Negotiations are believed to have reached an advanced stage and the agreement is expected to be completed by the end of the month. Harry Maguire is close to agreeing an improved Leicester contract that will reflect his new status as a key England worldwide .
Serena dominates in return at Cincinnati Masters
Williams lost to Johanna Konta 6-1, 6-0 in San Jose, California, before withdrawing from last week's Rogers Cup in Montreal. Open, never found her stride and committed her fifth double fault on match point to hand Garcia the win.
Sara Ali Khan makes her Instagram debut
He later donned the tricolour on his T-shirt and held the Indian flag in his hand, but his focus seemed to be on something else. It looks yummy with the molten chocolate garnish, KitKats, chocolate wafer decorations and all sorts of chocolate sweets .
Ligue 1 - PSG - Presnel Kimpembe prolonge avec le PSG
Le défenseur central de 23 ans a signé pour deux saisons supplémentaires soit jusqu'en 2023 avec le club de la capitale. Il compte aujourd'hui 3 apparitions chez les Bleus, dont une face au Danemark lors du Mondial organisé en Russie".
Lira rallies after Turkey raises tariffs on U.S. imports
The clergyman is at the center of heightened tensions between North Atlantic Treaty Organisation allies, Turkey and the U.S. President Donald Trump had previously announced that the United States was doubling steel and aluminium tariffs on Turkey .