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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (1512)10/17/2003 10:56:27 PM
From: Archie Meeties  Read Replies (1) of 110194
 
Editorial in the FT by a Japanese banker who suggested that the best way for China to revalue would be through an incremental change, so as to minimize the effect of massive dollar evacuation. What I don't get is why, if the eventual plan was say, a 40% appreciation, would anybody wait?

BTW, even though there is no futures market in the yuan to guide us in this process (before it actually begins), I notice that quite a few Chinese ADR's have really gone into overdrive.
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