Article

2010-03-23 Economy

Suddenly China Goes Into Trade Deficit In March

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Posted by Anonymoose 2010-03-23 00:00|| || Front Page|| [5 views ] Top

#1 The artificially low value of the Yuan is like a tax on everyone _in_ China directed towards supporting exports. I'm sure the nomenklatura or whatever the equivalent in China is would like to stop trading for worthless dollars, but it looks to me like they're too addicted to their tax-in-all-but-name.

Posted by Thing From Snowy Mountain 2010-03-23 01:04|| 2010-03-23 01:04|| Front Page Top

#2 (And yes, it also means that currency devaluation is a tax when it happens here too, as it's expected to.)

Posted by Thing From Snowy Mountain 2010-03-23 01:05|| 2010-03-23 01:05|| Front Page Top

#3 best be debt free before that happens

Posted by 746 2010-03-23 10:16|| 2010-03-23 10:16|| Front Page Top

#4 The timing is quite convenient...

Posted by newc 2010-03-23 11:18|| 2010-03-23 11:18|| Front Page Top

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