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Strategies & Market Trends : Asia Forum
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To: Stitch who wrote (2054)2/11/1998 10:32:00 PM
From: B Tate  Read Replies (1) of 9980
 
Stitch
Was watching Asia Business news last night and lo and behold China has a currency problem! Guess what it isn't devaluation, just the opposite, they are trying to figure out how to maintain the current level of yuan and yet not cause a devaluation?????? Wasn't paying to close attention, only one ear - as I was still trying to get caught up on the threads I follow ;-). But they did show the Minister of something or other promising to keep the yuan at the current level.

FWIW
bt
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