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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?


To: Paul Berliner who wrote (8830)7/13/1999 10:00:00 AM
From: Bosco  Read Replies (1) | Respond to of 9980
 
G'day all - hi, Paul, thx for the article. I heard a brief mention on NBR last night about the potential devaluation of the Yuan. Maybe these are trial balloons?!

Since the asian situation has stabilized somewhat, there is indeed a chance for that [Yuan's devaluation] to happen. However, the counterpoint is Erdman's commentary a little more than a month ago

cbs.marketwatch.com

Additionally, with Taiwan President Lee making a sly play, China will probably maintain a strongman's posture for the time being.

best, Bosco