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Thread: US economic recession benefits China?
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[quote=JIMMYB,265485]Quote: It is not good for anyone if this happens too suddenly, just as the chinese is arguing it shouldn'r revalue the RMB too quickly. Market theory shows it will all balance out. Well, Paul. RMB is appreciating quickly and the exchange rate between dollar and RMB is 1 : 7.25 though China doesn't want to see RMB appreciating so fast.[/quote]
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