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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Shoe who wrote (413)	1/4/1998 5:44:00 AM
From: Michael Berkel	Read Replies (2) \| Respond to of 9980

Wall Street Journal Interactive edition reports that the Chinese yuan will drop by 20%-25% if China allows the currency to fall in one step. If China allows the yuan to fall gradually the decline may eventually total 40%. The Yuan is likely to fall sharply in the 2nd half of 1998. What kind of impact should this have on American companies' earnings growth and competition? I noticed that the Indonesian rupiah is also rapidly devaluating. Any comments? Michael Berkel