YUAN really GG

[coyote]

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?

Exactly... Now that president going complain America is manipulating the Yuan to make it more competitive than American products?

 

[Jirachi]

Hot is good. I love hot weather.

Same

 

[orpisia]

Wa all this financial things beri cheem

 

[ricohflex]

Good.
Actually according to news, many Asian govts are lowering their currencies - so as to sell MORE to others.

China goods will be cheaper for SGreans to buy.
What is not to like?
It is great news.

Don't worry about China population.
These people suffered Qing dynasty invaders rule for 268 years, warlords after 1911, Japanese invasion in 1931 and then 1937, Civil War till 1949, misrule and bad governance by Mao Tse Tung causing Great Leap Forward, all out internal fight for power in Cultural Revolution. They have a long historical track record of enduring terrible suffering.

They can take the tariff punches from Trump.

 

[evildoer]

a weak leader causes a weak currency, should have just stayed in hundred acre woods

weak currency is strategic for export ecomony. It make foreign country willing to buy your goods. Sure their import will be expensive.. but they are hugh, they produce so much goods. They simply can depend on their domestic products.. The bad side of this maybe the lose of talents.. more china labour will be more willing to work outside of their country

 

[cet87]

Good.
Actually according to news, many Asian govts are lowering their currencies - so as to sell MORE to others.

China goods will be cheaper for SGreans to buy.
What is not to like?
It is great news.

Don't worry about China population.
These people suffered Qing dynasty invaders rule for 268 years, warlords after 1911, Japanese invasion in 1931 and then 1937, Civil War till 1949, misrule and bad governance by Mao Tse Tung causing Great Leap Forward, all out internal fight for power in Cultural Revolution. They have a long historical track record of enduring terrible suffering.

They can take the tariff punches from Trump.

means xiaomi going to be even more cheaper. lol

 

[philips107]

Good.
Actually according to news, many Asian govts are lowering their currencies - so as to sell MORE to others.

China goods will be cheaper for SGreans to buy.
What is not to like?
It is great news.

Don't worry about China population.
These people suffered Qing dynasty invaders rule for 268 years, warlords after 1911, Japanese invasion in 1931 and then 1937, Civil War till 1949, misrule and bad governance by Mao Tse Tung causing Great Leap Forward, all out internal fight for power in Cultural Revolution. They have a long historical track record of enduring terrible suffering.

They can take the tariff punches from Trump.

The American consumers will suffer too, from the import tariffs.

And the Chinese can take more pain than the Americans.

Let's see Trump or Xi fold first.

 

[Ye_Rongtian]

Wa all this financial things beri cheem

Doesn't concern you unless you are american and u often buy things online from china.

 

[evildoer]

The American consumers will suffer too, from the import tariffs.

And the Chinese can take more pain than the Americans.

Let's see Trump or Xi fold first.

we shouldn't cheer for CCP. they brought this to themselves. They promise to reform when joining the WTO. instead they never abide by the rules.. until the wto meant nothing now.

they do not implement regulation, they don't respect IP .. i think jordan even lost an IP battle there. There present government is extremely unstable. they can shut down the tuition industry the next day.

all countries rushing there, to set up factories there.. the tiong "learnt" their technology , and they employ these foreign talent , they set up their own factory .. they government subside heavily to them. now BYD outsold tesla.

They don't allow youtube or google there, unless you set up a data center there. who would dare to do it ? there is no level playing field..

In a few year, china will take over USA naval force. TG they can build aircraft carrier in a alarming rate.

i think the mistake is depend on china for too much.. if we were to diversified manufacturing to more developing country.. things will be different

 

[icebleue]

Deflation coming! YES!

 

[icebleue]

Yes, go in sit down. got food and entertainment.

And run when they fight at your table.

 

[icebleue]

Good.
Actually according to news, many Asian govts are lowering their currencies - so as to sell MORE to others.

China goods will be cheaper for SGreans to buy.
What is not to like?
It is great news.

Don't worry about China population.
These people suffered Qing dynasty invaders rule for 268 years, warlords after 1911, Japanese invasion in 1931 and then 1937, Civil War till 1949, misrule and bad governance by Mao Tse Tung causing Great Leap Forward, all out internal fight for power in Cultural Revolution. They have a long historical track record of enduring terrible suffering.

They can take the tariff punches from Trump.

Great Leap Forward 2.

 

[philips107]

we shouldn't cheer for CCP. they brought this to themselves. They promise to reform when joining the WTO. instead they never abide by the rules.. until the wto meant nothing now.

they do not implement regulation, they don't respect IP .. i think jordan even lost an IP battle there. There present government is extremely unstable. they can shut down the tuition industry the next day.

all countries rushing there, to set up factories there.. the tiong "learnt" their technology , and they employ these foreign talent , they set up their own factory .. they government subside heavily to them. now BYD outsold tesla.

They don't allow youtube or google there, unless you set up a data center there. who would dare to do it ? there is no level playing field..

In a few year, china will take over USA naval force. TG they can build aircraft carrier in a alarming rate.

i think the mistake is depend on china for too much.. if we were to diversified manufacturing to more developing country.. things will be different

ah, I dun support either US or CN.

Both are bullies, and the winner of the contest will become the undisputed bully of the world.

Pax Americana was an anomaly.

 

[letonzy]

Good.
Actually according to news, many Asian govts are lowering their currencies - so as to sell MORE to others.

China goods will be cheaper for SGreans to buy.
What is not to like?
It is great news.

Don't worry about China population.
These people suffered Qing dynasty invaders rule for 268 years, warlords after 1911, Japanese invasion in 1931 and then 1937, Civil War till 1949, misrule and bad governance by Mao Tse Tung causing Great Leap Forward, all out internal fight for power in Cultural Revolution. They have a long historical track record of enduring terrible suffering.

They can take the tariff punches from Trump.

During deng and Mao era
chinese look up to their leader and can take hardship.

current gen never gone thru hardship and their mindset also very different from older gen

 

[evildoer]

CCP is evil to retaliate .. their US import is only 1/5 of US export.

US can simply find the next seller.. maybe more expensive.. but they will get by.. It's easier to find a seller than a buyer.. More countries trust USA more than China. For them it's harder for them to find buyer.. given the stance of standing on Russia side.

500bn worth of business , will impact how many worker and factory worker..

 

[TopGun]

During deng and Mao era
chinese look up to their leader and can take hardship.

current gen never gone thru hardship and their mindset also very different from older gen

I would say they during Deng and Mao era, the people didn't know better and "hardship" was the way of life. People had no other choice either, whether or not to look up to their leader.

Things are different today.

 

[Sforthought]

Good.
Actually according to news, many Asian govts are lowering their currencies - so as to sell MORE to others.

China goods will be cheaper for SGreans to buy.
What is not to like?
It is great news.

Don't worry about China population.
These people suffered Qing dynasty invaders rule for 268 years, warlords after 1911, Japanese invasion in 1931 and then 1937, Civil War till 1949, misrule and bad governance by Mao Tse Tung causing Great Leap Forward, all out internal fight for power in Cultural Revolution. They have a long historical track record of enduring terrible suffering.

They can take the tariff punches from Trump.

US is a relatively young country compared to China. Been through so many ups and downs, tariff is nothing to them really.

 

[dambio]

Soon might be tagged as currency manipulator nation.

 

[kyokoto]

Candle stick look Sooooooooooooo long but actually it's only 7.2 to 7.4 or 2.7%.

I've seen ringgit drop faster against sing dollar.

 

[semiret]

Both also cannot loss face right now. But the pressure surely on Xi's side. Their economy already so jialat right now yet still needs to fight this trade war with US. Some more Trump's strategy is so unpredictable. Haha