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To: Rolla Coasta who wrote (917)11/24/2000 9:18:22 PM
From: rajaggs  Read Replies (1) | Respond to of 74559
 
China has a very large favourable balance of trade with the USA. A reduction in value of the dollar would make their products less competitive in the USA but cheapen the cost to China of imported oil, which is priced in US$.
Imports from the USA to China would be more competitive and this would help to redress the trade imbalance.