NationStates Jolt Archive


Why the Yuan needs to be Floated

New Anthrus
12-01-2005, 03:35
http://news.ft.com/cms/s/63af6082-63fd-11d9-b0ed-00000e2511c8.html
This is why. If their currency were on the free market, they'd have less of a bloated trade balance.
Demented Hamsters
12-01-2005, 05:55
And that's exactly why they're not going to.
Greedy Pig
12-01-2005, 06:40
Nah, they'll keep it low and small because it's good for their economy.

Their buying American government bonds to keep their value low. Does this mean that their undervertly paying for the War in Iraq?