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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (38475)9/20/2003 3:24:20 AM
From: energyplay  Read Replies (2) of 74559
 
I have been thinking yet again about the US 'push' for the RMB re-valuation.

1) Could it be really to slow the erosion of manufacturing in MEXICO, preserving the social stability and return on investment there ?

Also, Mexico buys many things from the US.

2) Or is it to get some deals where China buys more US made captial equipment, airplanes, etc ?

It's obvious to everyone that a 30% rise in the RMB would not directly increase even one US manufacturing job.
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