bill stenner

Why China's Exporters Are Complaining Loudly

continuum does have some valid points. I havent followed currencies and am wondering as to how the overvalued Euro as compared to the US dollar is faring. With the Euro worth more and im just guessing at this point that the RMB is tied moreso to the US dollar.. then a sinking US Dollar will hurt Euro way worse because of higher buying power for Chinese goods. This I find far more fascinating because the Euros are screaming about a sinking US dollar yet no one has really looked at why. Realistically it would be in the Euros interest to buy into the US and bring it up to make it less of a target for cheap Chinese goods which of course would wreak havoc on their own manufacturing sectors in a double whammy kind of way. just wondering..