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Thread: How far will RMB go?
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[quote=MARRIE,268883]" 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." Exactly JC. China's has not totally transformed to free floating exchg system. If China's government giving up control Forex, I am afraid we can see u$ 1: rmb 3.5 sooner or later. As far as i've known, there is a significant gap between the poor and the rich. And China's gov is subsidizing those at the poverty level in different ways.[/quote]
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