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Is China on a knife edge?
Apr 4, 2010 20:13
  • BOBERT
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I found this article both authorative and compelling. I welcome other opinions.

http://www.stratfor.com/weekly/20100329_china_crunch_time
Apr 4, 2010 22:49
#1  
  • WUYUETIAN
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The piece is garbage, BOBERT. Appreciation of RMB is a different story then 1997 Asian crisis when the South East Asian currency is nothing more than toilet paper due to being unpegged off USD.

As an ordinary citizen in mainland China. I welcom revaluation of our currency because it would increase my personal net assets and enable me enjoy more imported consummers' products.

Here is a piece that is worth reading by Morgan Stanley. It states how it impacts on FDI via playing with Balance Sheet. It's a approach with two edged knife, thus we hope that China would curb inflaction and money play on realeste and other speculative game during the process.

Watch the link
[tcgurl=http://www.e696.com/data/0000002A0318Q8.pdf]http://www.e696.com/data/0000002A0318Q8.pdf[/tcgurl]
Last edited by WUYUETIAN: Apr 4, 2010 22:51
Apr 4, 2010 23:07
#2  
  • BOBERT
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The crisis of 1997 was 13 years ago and hardly relevant to this discussion. Nor is the inflation bubble in property and other speculations. This discussion is simply about the value of the yuan.

To dismiss this entire article as "garbage" while welcoming a revaluation of the yuan is ambiguous to say the least. Do you believe there a case for revaluing the yuan, or not?

P.S. Your link is invalid.
Last edited by BOBERT: Apr 4, 2010 23:09
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