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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Taikun who wrote (40631)3/23/2005 2:02:29 PM
From: XoFruitCake  Read Replies (1) of 206223
 
No, I don't believe China is going to de-peg the RMB anytime soon. They have to keep selling to keep the economy going. And creating job is more important than making more money. The coastal area in China is doing very well but the the central area is doing terrible. People are migrating from central area to coastal area to find job. Social unrest will happen (and did in small scale) if they cannot find job. So the government will do everything possible to help the export.
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