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China should learn the lesson from Japan [Copy link] 中文

Rank: 6Rank: 6

Post time 2010-3-18 17:05:37 |Display all floors
now, china is bearing the unprecedented pressure from US on currency value.
150 congreemen in US has just requested us government to take tough actions to urge china revalue its curerency.
vow! that is the same situation as what is 25 years ago when JAPAN was facing the US pressure to appreciate its Japan Yen. US  blamed JAPAN for its double deficit
finnaly, Japan subjected to US and was force the signed the Plaza Accord.
when Yen appreciated o lot, US found its economy situation still unchanged.
Japan's appreciation of Yen attracted vast foreign investment that fostered and blew its bubble bigger and to a dangerous level.
consequentle, we all know what japan lost by the appreciation and we also figure out the intention of US and its mistake

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Rank: 8Rank: 8

Post time 2010-3-18 17:11:17 |Display all floors
can anyone trust white gweilos snakes

pls don't
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Rank: 8Rank: 8

Post time 2010-3-18 17:36:24 |Display all floors

Reply #2 caringhk's post

Flexibility is better.....

We have to gauge the conditions on the ground first...
before deciding the best path....
Revaluation is possible if we have entrepreunership in Western, Central provinces.....

and if we can add some FACTORs to improve Relative Competitiveness of those regions!



Green DRagon
Game Master

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Post time 2010-3-19 17:05:41 |Display all floors
Originally posted by greendragon at 2010-3-18 17:36
Flexibility is better.....

We have to gauge the conditions on the ground first...
before deciding the best path....
Revaluation is possible if we have entrepreunership in Western, Central prov ...



of course ,we should increase the demostic demand

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Rank: 8Rank: 8

Post time 2010-3-19 17:10:14 |Display all floors
The trade war is double edge, specially the US is stilling mired itself into financial crisis. China is the biggest holder of US bond.

Without China, the US cannot fare well.  

China, please don't say uncle to this scoundrel - 'Uncle Sam'!

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Post time 2010-3-19 17:12:26 |Display all floors
By the way, Japan was, is, will, not a role model for Chinese to learn. I hate the title of this thread.

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