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2005-06-23 China-Japan-Koreas

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Posted by Spavirt Pheng6042 2005-06-23 00:00|| || Front Page|| [1 views since 2007-05-07] Top

#1 Page 4? Cool!

Posted by gromky">gromky 2005-06-23 00:49|| http://communistposters.com/]">[http://communistposters.com/] 2005-06-23 00:49|| Front Page Top

#2 Article: Well, for one thing, a dollar's worth of Chinese money buys about six times more than a dollar can buy in the U.S. or elsewhere in the industrialized world.

That's not actually true. Many things of equivalent quality are more expensive in China than in the US. It is possible to buy junky Chinese goods that would never make the cut in the US (hard to imagine, given some of the dreck Walmart imports, but true) - these are cheaper than their higher quality US equivalents, but you're really talking apples and oranges.

Posted by Zhang Fei">Zhang Fei 2005-06-23 00:59|| http://timurileng.blogspot.com]">[http://timurileng.blogspot.com] 2005-06-23 00:59|| Front Page Top

#3 If the yuan has a radical spike in value it will force up the price of world commodities China is and will continue to bid up the price of commodities. A revalued Yuan would allow it to bid higher and hence would add upward pressure on prices. The 'radical spike' bit is just rhetoric.

Posted by phil_b 2005-06-23 01:30|| 2005-06-23 01:30|| Front Page Top

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