Jump to content
House Price Crash Forum
Sign in to follow this  
sossij

China Calls For Currency Fairness

Recommended Posts

China has called into question international efforts to tackle currency manipulation by saying poorer countries must be treated fairly.

:blink::blink::blink:

In my simple little mind, I have often wondered about this.

The Chinese currency is seriously undervalued - deliberately. This helps with their exports. The Western countries want China to stop this devaluation, which therefore is bound to happen eventually.

Why not just buy tons of Yuan in anticipation of this increase in value?

Is this too simple?

Mr. Mangle

Share this post


Link to post
Share on other sites
In my simple little mind, I have often wondered about this.

The Chinese currency is seriously undervalued - deliberately. This helps with their exports. The Western countries want China to stop this devaluation, which therefore is bound to happen eventually.

Why not just buy tons of Yuan in anticipation of this increase in value?

Is this too simple?

Mr. Mangle

Because there not for sale in worthwhile quantitys.

Share this post


Link to post
Share on other sites
Because there not for sale in worthwhile quantitys.

Which in turn should mean the black market price should be more realistic and could be used as a proxy for the fair price.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 355 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.