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Thread: How far will RMB go?
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[quote=JCNILE123,268793]Jimmy, the 3.50 Yuan x 1.00 US dollar factor it is not because the weakness of the USA Dollar but because Chinas Yuan have been under value for many years. Poverty in China has to come to a measure equal to the west if ever China will allow the Yuan to reach its real value. Quote, (((China is able to make its currency strong as long as it is willing to use modern infrastructure at the expense of millions of millions of labors losing jobs – social chaos and turmoil.)))) The poverty line in the USA as we speak is around $12000.00 US Dollars. Any one individual that makes around $12000.00 US Dollars is consider to be around or below the poverty line for 2008. [/quote]
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