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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: fut_trade who wrote (3269)2/25/2003 9:41:23 AM
From: big guy  Read Replies (1) of 3902
 
Anyone care to venture a guess as to when the dollar/yuan peg may no longer be beneficial to the Chinese economy? Although a weak yuan does much for Chinese exports it has the reverse affect on their imports. I had read a interesting article to that affect a few months ago in the Asian Times but can no longer find it. I would think a break in that peg and the rise in the yuan that would follow would do much for the Japanese markets and is the reason I brought it up on this thread. I'd appreciate any comments.
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