Author: tradervic

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Post time 2011-8-29 18:48:13 |Display all floors
Originally posted by shameless at 2011-8-29 20:30
and you telling me that the western hawks and crocodiles got beaten by
Chinas currency manipulation!!!!
The crooks of ALL the crooks in the world got beaten by China???
...

.
China's artificially low value of the Yuan means its exports are cheaper.
It also means that the ordinary Chinese have less buying power for purchasing imported goods.

All this means is that China's foreign trade balance is tilted in its own favour. It's plain and simple commonsense.


China also restricts foreign investment and what foreign investors can buy.
Meanwhile they buy foreign companies and property, left right and centre.

When it comes to "free trade" it's all used to China's advantage.
"他不是救星, 他是一个非常淘气男孩" - Monty Python

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Post time 2011-8-29 19:01:00 |Display all floors
Originally posted by emucentral at 2011-8-29 18:48
China's artificially low value of the Yuan means its exports are cheaper.
It also means that the ordinary Chinese have less buying power for purchasing imported goods.
All this means is th ...
....................................................



Isn't that called fiscal policy ............  ?

Something which neither the US or Europe seem to have .........

What they do have is high wages and high debt ratio and governments that throw money around like water .......

And populations that need or want to buy cheaper and cheaper goods  ...........


Looks like Vietnam will be the next enemy ...........     

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Post time 2011-8-29 19:05:32 |Display all floors
Originally posted by expatter at 2011-8-29 19:01
  ....................................................



Isn't that called fiscal policy ............  ?

Something which neither the US or Europe seem to have .........

What they do have ...



Its suited both sides and shared the wealth around a bit but without that Capitalist model China would still be extremely poor.

The majority still are but thats a matter for the party and fair distribution of wealth.

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Post time 2011-8-29 19:10:22 |Display all floors
Originally posted by emucentral at 2011-8-29 19:48

.
plain and simple commonsense...


Ifff it would not be for sale, how in gods sake can China BUY??

Why don't you sell to your friends!!
ohh, I see, ridiculous high Asking price...

Therefore NO takers hehe
plain and simple common sense you said, right, yo're dead on  hehe..

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Post time 2011-8-29 19:10:25 |Display all floors
Originally posted by St_George at 2011-8-29 19:05
Its suited both sides and shared the wealth around a bit but without that Capitalist model China would still be extremely poor.
The majority still are but thats a matter for the party and  ...
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Yes ..............

The Chinese have yet to discover the notion of spending more than you have  ...........     

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Post time 2011-8-29 19:12:15 |Display all floors
Originally posted by shameless at 2011-8-29 19:10


Ifff it would not be for sale, how in gods sake can China BUY??

Why don't you sell to your friends!!ohh, I see, ridiculous high Asking price...

Therefore NO takers hehe
plain and simpl ...



We're skint   

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Post time 2011-8-29 19:22:05 |Display all floors
Originally posted by expatter at 2011-8-29 19:10
  ...................................................



Yes ..............

The Chinese have yet to discover the notion of spending more than you have  ...........     



Well Chinese are traditionally good savers a little bird tells me.  But the party want the better off to spend to boost domestic consumption-build the economy up in that way as exporting becomes more expensive there too due to rising labour costs.

Some jobs that were outsorced have already come back home but its all low-end stuff market wise.

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