China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: Sun Tzu who wrote (5158)	7/21/2005 2:39:01 PM
From: RealMuLan	Read Replies (1) of 6370

My bet is we will never see the mix. Plus, the mix will have to be changed constantly according to the trade deficit/surplus volume with each country/region. To keep it a secret will put China in much better position to control the band and will keep currency traders guessing forever so that they will not put any big bets on any single currency. If China is stupid enough (I doubt it) to make public the exact % of each currency, then China would have a very hard time to control the band, thus will have big ups and downs in RMB value, which will be definitely a disaster for China, and many nations/regions in the world.

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