YUAN really GG

[The_King]

 

[Sauron]

Wow... Loading up my tb cart nao

 

[Atilas]

Going for a travel around China in 80 days trip nao!

 

[Jirachi]

ZeroHedge is quite "doomsday" account... But then, Yuan going to 8 handler is really bad.

 

[shikoo]

Go china tour now

 

[parchiao]

Why did not depreciate 104%

 

[JAson1980]

If Yuan devalue more, won't it be more attractive for Foreign investments Since it is cheaper to do business there?
Besides USA has been KPKBing that the Yuan is being deliberately devalued by the CCP?

 

[Greygrey]

Trump shushu won't be happy about this.... wait....he doesn't care cos no ships from China going there now

I hope chinese phones cheap cheap.... I want Xiaomi 15 Ultra below 1k please....

 

[chongquan82]

Zerohedge love sensationalism

That's why moi like to post their article here

Make America Great Again

 

[zephxion]

Gordon Chang secret account?

 

[Water Bottle]

Basically china call bluff? show hands? All in?

 

[Jirachi]

If Yuan devalue more, won't it be more attractive for Foreign investments Since it is cheaper to do business there?

There seems to be a co-relation between Yuan and their stock market that I observed through these years. Weaker Yuan usually don't lead to a better markets.

 

[Ye_Rongtian]

Wow just nice I going china end of May!

 

[VEF888]

If Yuan devalue more, won't it be more attractive for Foreign investments Since it is cheaper to do business there?
Besides USA has been KPKBing that the Yuan is being deliberately devalued by the CCP?

why would anyone invest there now, when most of their goods is going to be consumed by the number 1 weapon of mass consumption, the US of A?

china needs to find an alternative 400b mkt which doesn't exist and can only flood the rest of the world with cheaper chinese goods, guess what the EU/Korea/Japan will do?

right, impose tariffs on chinese goods to prevent that.

 

[Ye_Rongtian]

Can yuan breach the 5.50 mark against SGD dollar??!!

 

[kuti-kuti]

Lao sai liao

 

[Acetone]

Going to Chinatown to buy Mala now!

 

[Jirachi]

china needs to find an alternative 400b mkt which doesn't exist and can only flood the rest of the world with cheaper chinese goods, guess what the EU/Korea/Japan will do?

Exactly. Their goods are going to become overproduction waste.

right, impose tariffs on chinese goods to prevent that.

This was what Vietnam did after the Chinese dump their crap EVs into Vietnam. Vietnam imposed tariffs on their China imports.

 

[keewee0415]

Means Labubu dolls will become cheaper?

 

[wongminmin]

lol ts..... weak rmb doesn't mean gg

weak rmb
-Encourage export
-Encourage domestic sales
-attract foreign investors/tourists