The practice of printing notes by a different country was not uncommon earlier, especially in developing countries. The assumption was that a developed economy with better printing technology was well placed to print notes which cannot be easily copied. That assumption still holds good but when it comes to China, the equation changes a bit.
At the moment they are into a lot of unnecessary muscle flexing and in such a circumstance to trust them becomes a bit of an issue. It is difficult to predict those guys. So, yeah, a problem for sure. What is a bother is that India and Malaysia too have trusted China with the job! Counterfeit comes to India through Pakistan and Nepal border and now with China printing, we may have legitimate counterfeit coming in... How's that for an irony! :)
Thanks for this amazing reply. I totally appreciate your time and effort @oivas
I seriously didn't know that.
You're completly right mentioning that trusting them in current stage is a bit of an issue. At least that's how I see it.
Again thx for sharing your view.
ps. to show my appreciation I've transferred you 0.5 steem just now. It's not much. But always something :) (my voting power is to small to really give you solid upvote)
Yours
Piotr