Yuan China
September 2nd, 2004
Why can China keep its currency, the yuan, artificially low?
is there an agreemnet between the countries?
other currencies are at the marcy of the market. japanese yen has been buying , rose by 50%, which definitly hampered their economic growth, its economy is still at the bottom,
china’s econmy has been robust, because of its cheap labour, government’s strong initiative, artificialy low currency. why only China has been pampered ?
This is not artifically low currency! However, we shall take rational view on it! Each coin has two sides! This is not a simple problem!
Wuxi Tony and Wuxi Jenny at Mei Yuan Park in Wuxi, China.
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Huge gate at the Kunming lake in the Summer Palace (Yihe Yuan), UNESCO World Photo Mugs Huge gate at the Kunming lake in the Summer Palace (Yihe Yuan), UNESCO World Heritage Site, Bejing, China, Asia…. |
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Suzhou Market Street at the Summer Palace or Yihe Yuan, Bejing, China, Asia Photo Mugs Suzhou Market Street at the Summer Palace or Yihe Yuan, Bejing, China, Asia…. |
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The Master-of-Nets Garden (Wangshi Yuan), UNESCO World Heritage Site, Suzhou, Photo Mugs The Master-of-Nets Garden (Wangshi Yuan), UNESCO World Heritage Site, Suzhou, Jiangsu, China…. |
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