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Thread: Is China on a knife edge?
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[quote=WUYUETIAN,392351]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 http://www.e696.com/data/0000002A0318Q8.pdf[/quote]
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