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.
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".
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.
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 .
What has the reaction been? The move to pull his security clearance prompted immediate outrage, including from Brennan himself. She announced that security clearances for other former officials, including James Clapper and Sally Yates, are under review.
J'ai vu la route s'effondrer, puis je suis tombé avec elles. "Je pensais que c'était fini pour moi", ajoute-t-il. Puis j'ai appelé ma famille, j'avais besoin de les entendre et de leur dire que j'allais bien.
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 .
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.
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 .
The Republic of Ireland re-entered the top 30 - climbing two spots to 29th, with Scotland also up two in taking 40th in the list. Martin O'Neill's side were beaten by France in a friendly last May before recording a 2-1 win over the United States of America.
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 .
NASA spacecraft hurtles toward the sun
The project, with a $1.5 billion price tag, is the first major mission under NASA's Living With a Star programme. According to the National Aeronautics and Space Administration (NASA), the mission is named for Dr.
Booba et Kaaris restent en prison, découvrez pourquoi — France
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.