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To: marginmike who wrote (122193)7/21/2005 9:15:34 AM
From: ajtj99  Respond to of 209892
 
Normally these changes happen on July 1 / Jan. 1, or Oct. 15 or April 15. This timing is to buy time with the US congress and to diffuse the growing sentiment for action on the Yuan.
They should get about a 1-year pass on any further action as a result of today's change.

WMT dropped on that news, and the RLX may be down today as a result of the appreciation on the Yuan.