Author: tracyliu1987108

RMB has been rising again   [Copy link] 中文

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Post time 2012-10-26 19:15:56 |Display all floors
tracyliu1987108 Post time: 2012-10-26 18:19
China should,we should

China should,we should

If that means what i think it does then yes, China should take whatever she deems necessary to protect her own interests.

Im not clear on what her dollar imports are right now but a rising Yuan makes these cheaper.

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Post time 2012-10-26 20:08:13 |Display all floors
Not they allowed it, america wants it to rise. America doesn't care what will happen to China economy. They claim China is manipulating its currency, but isn't america himself attemping to seek profit for its people by any means, e.g., by starting wars to grab some oil resources? America borrows so much money from other countirs, they are living of others' work, they don't give a sh!t about their creditors' lwell-being,they don't even bother to say "thank you", do they? We are losing money in trade,we are losing the business, will amelica buy our debts? Go dreaming..


True, America profits from a weak Yuan - but the Chinese government is in control and does what they think is good for China, not what they think is good for America. And when the Yuan rises and is finally allowed to float freely, it will certainly be good for China in the long term.
However, I'm worried that Beijing only lets the Yuan appreciate because they want to help Obama - and that the Chinese politicians will stop appreciation or even depreciate the Yuan again after elections in the USA. Time will show...

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Post time 2012-10-26 20:29:47 |Display all floors
Everynowhere Post time: 2012-10-26 20:08
True, America profits from a weak Yuan - but the Chinese government is in control and does what th ...

good worry,good post. thanks
I want to exit from CD

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Post time 2012-10-26 20:35:54 |Display all floors
Hurdy-Gurdy Post time: 2012-10-26 19:15
China should,we should

If that means what i think it does then yes, China should take whatever sh ...

yeah... anyway,america is not going to pay the debt. A lower exchange rate does little harm than if america just think of a way to erase the debt and claim China "guilty" "terrorism",or whatever excuses to reduce the debt to be 0.
I want to exit from CD

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Post time 2012-10-26 22:50:30 |Display all floors
tracyliu1987108 Post time: 2012-10-26 16:06
Not they allowed it, america wants it to rise. America doesn't care what will happen to China econ ...

America plan to dilute his debt by rising RMB rate,however at the same time more and more countries trade with china using rmb instead of dollar.Dollar system is collapsing.

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Post time 2012-10-26 23:20:17 |Display all floors
justwowo Post time: 2012-10-26 22:50
America plan to dilute his debt by rising RMB rate,however at the same time more and more countrie ...

not so soon
I want to exit from CD

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Post time 2012-10-26 23:41:31 |Display all floors
tracyliu1987108 Post time: 2012-10-26 23:20
not so soon

Useless money like monapoly money

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