Last year, the amount of earnings in hard currency from exports of China's construction material products exceeded 2.1 billion US dollars, and 12 million tons of cement were exported, increasing 46% over last year, creating history's best record.
The nature of dollarization is the substitution of home currency by certain foreign hard currency.
The country is running short of hard currency to pay for imports.
Chinese officials hope that the trade will pick up after the two countries turn to hard currency.
生死涅槃，犹如昨梦。
You need hard currency to get anything halfway decent.
Save all the savings you can make, maintain the simplest living, deposit all the rest of your income in the bank, or exchange it for hard currency.
It certainly sounds very promising. Thus we could get around the hard currency problem.
The practice is emerging as a vehicle for financing capital projects and production-sharing ventures, for ensuring the repatriation of profits from investments in countries beset by external debt and hard currency shortages, and for competitive bidding on major nonmilitary government procurements.