Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (17478)	12/2/2004 7:45:36 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

[ANN]What does Asia want from China? The Nation (Thailand) / Asia News Network Asians tend not to be very straightforward. They avoid precise questions and exact answers, even on matters of paramount importance - like money. The debate surrounding the proper exchange regime for the Chinese yuan offers examples of this trait: one would be hard-pressed to recall the last time an Asian leader or central banker made any public remarks on what they think the best system should be. ... In this sense, the idea that the yuan could become another preferred international currency is not far-fetched. There has been talk about Asia becoming a yuan - not a dollar - zone. The foundations for such a change could already be found in the regional currency-stabilization pacts that some Asian countries have in place already, as well as the main idea behind Asia bonds - that Asian countries should keep their savings here and not in U.S. treasury bonds. Most importantly, the countries within the region are trading more and more with one another, egged on by free-trade arrangements and strategic economic decisions by Asian governments with China in the driver's seat." koreaherald.co.kr