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Strategies & Market Trends : Asia Forum

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To: MikeM54321 who wrote (5345)	8/1/1998 12:06:00 PM
From: Ron Bower	Read Replies (1) of 9980

Mike, I cannot believe there are still those beating the drum about the dangers of China devaluing the yuan. Anyone that is still doing it has not looked at the situation in China - the advantages and disadvantages of another devaluation. FWIW, Ron SAO PAULO, July 31 (Reuters) - Cargill shipped 56,700 tonnes of soybeans to China from the Brazilian port of Rio Grande this week. >The deficit with Japan declined 8.5 percent in May to $4.95 billion as both imports and exports fell. The U.S. deficit with China rose 8.3 percent in May to $4.63 billion<

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