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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (9106)3/1/2004 7:56:27 PM
From: KyrosL  Read Replies (1) | Respond to of 110194
 
China’s trade balance indicates the RMB rate is not too hot, not too cold, just right

China is importing huge quantities of capital goods. Its trade balance should have been heavily negative, if the RMB peg was "correct".



To: TobagoJack who wrote (9106)3/1/2004 9:21:50 PM
From: Cogito Ergo Sum  Respond to of 110194
 
To believe that China's competitive advantage springs from a cheap currency invites easy solutions, :o)


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