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Strategies & Market Trends : Value Investing

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To: gcrispin who wrote (32457)10/14/2008 7:33:08 PM
From: E_K_S  Read Replies (1) of 78748
 
Hi Gcrispin - Do you know if they sell and report their earnings in "yuan" and then convert to $US. My interest is not only in a profitable company that pays a decent dividend but as a kicker I believe the "yuan" will stay strong vs the $US.

With all these $US used to stimulate the world economy, I am concerned that U.S. inflation may begin to rise in three to five years.

A Chinese company that generates their sales and profits in their local currency and then converts it to $US, would be an excellent currency play (hedge) against a falling $US.

EKS
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