China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: regli who wrote (4960)	5/25/2005 6:50:46 PM
From: RealMuLan	Read Replies (1) of 6370

More likely, that stable anchor will be either Asian currency or a basket of currency. And that is not the eventual goal for China. the eventual goal is free float. No, I don't think China will back RMB with gold<g>. Up till now, I have not seen even one economist or decision maker mentioned about the possibility to back up Yuan with Gold.

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