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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (575)	8/29/2003 10:07:05 AM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

And these guys have to be patient in order to get some profit. I don't think the Chinese gov. will do much before the end of this year. And even within the next 3-5 years, China will not revalue up Yuan more than 15% And Yuan can never become a free flow currency until China really develops into a strong, balanced economy and until China has clean up its financial sector. Otherwise, the currency speculators like Soros would jump at the 1st chance to attack Yuan. Those who want to replay what the US and the Europe had done to Japan more than a decade ago (1985 Plaza Accord ) to China would be disappointed.