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


To: Robert Douglas who wrote (6356)9/12/1998 9:56:00 AM
From: Ron Bower  Read Replies (1) | Respond to of 9980
 
Robert,

China is actually having to buy $US in the Shanghai exchange market to keep the yuan value down?

scmp.com

Other updates on China economy

scmp.com

scmp.com

While China's import/export situation is in good shape, they do not take into consideration the lower prices. If these are factored into the numbers, China's import/export situation is much better.

Japan's trade surplus has shown major growth but it's due to much lower imports rather than strong exports.

FWIW,
Ron