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Commodities Briefing - Categorized | Commentaries, Currencies more

What will happen to the Chinese currency?

Posted on 29 January 2009

From Epochtimes.com: It becomes increasing clear that the Chinese yuan will depreciate as many economists expect. However, we have to recognize that this depreciation also has drawbacks.

First, many commodity prices in China are still total far less than similar products made overseas. So China’s shrinking export business is not because prices aren’t low enough….. Full Article: Source


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VRS - who has written 37037 posts on Opalesque Commodities Briefing.


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