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Thread: Should China give a hand to the EU?

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[quote=11PARKJJ2,454845]

I personally think that Bobert is correct. It would not be in China's favor for the Chinese Yen to be as strong as the US Dollars, mainly because of exporting factors. However, reading the previous posts, I acknowledge the fact that China's economic growth is slowing down, a fact that can not be disregarded. However I would like to remind the people on this forum that the Chinese government sets a national GDP growth of 8%, a significantly higher value than that of other countries. Therefore China's immense growth can neither be disregarded. Because of China's dependency on foreign exports to other countries, of which its largest exporter and economic partner is the US, it would be greatly unwise for the Chinese to have a strong currency against the US. However the possibility of China, reverting from an exporting economy, into a sustainable economic growth, can not be ruled out, and at this point China would possibly be able to bypass the US economy.

With the matter of the China helping the EU, I believe that it would be in favor of China AND the EU for mutual assistance. This surely does not mean that China will be lending money at extremely high interest rates with a short payback roll date, but instead a long term mutual interest rates with a long payback period, may boost the European economy, which in turn will boost the Chinese economy, will be more ideal and favorable.[/quote]

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