YUAN really GG

[nasfieldjohn]

trump really fixed emperor winnie
tiongs got enough $$$ to come wash wash?

 

[Ubi-Warrior]

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?

They drop the currency I expect tariffs to US to rise accordingly

 

[Ubi-Warrior]

Weakening the RMB is the intended strategy to mitigate the tariffs. TS needs some economics reading.

More people buying up Chinese goods on Taobao now.

Its respect to USD , whatever it go down a rise in tariffs to US will follow.

I suspect you need to read up on current US policy

 

[Clarence NMT]

Thought they all dun wamt us dollar lor, they want create new currenct base on brics

 

[evildoer]

working , no time to follow the news.

so what did the ccp do to the 125% tariff. ?

 

[GundamG]

US debt is $36.22 trillion. how much is china debt?

these 2 superpowers owe so much debt, can they repay? actually who suffer? is other countries, not them. they dun want to pay us their debt we also lan lan.

Their debt become we suffer, we dun get paid, and need to listen to them, lick their toes. dun say who good or bad souls here. all for themselves.

 

[Honeydewz]

is that why they keep boosting ishowspeed guy and bringing him around china?

 

[Song Bro]

is that why they keep boosting ishowspeed guy and bringing him around china?

Ya, first vid is ok I thk. But subsequent livestream, they shot themselves in the foot.
Lucky his image is comedic in nature but it still doesnt hide the facts that under the CCP's
influence, their ppl has grown into racists.

 

[Jirachi]

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

Not forgetting that the US is now mainly a Services economy than a Manufacturing one too.

 

[Jirachi]

it's only 7.2 to 7.4

It's 2000 pips. It is a lot for FX

 

[Alphas]

Migrating to China now, ohhhh wait.

 

[Jirachi]

Go check out sgd vs yuan in the last 24hrs rah. Less than 0.02 yuan fluctuation.

Is because USD is the one moving.

 

[tellim]

Sld I terminate my china Taiping insurance?

 

[KakiMeow]

1 SGD ish still 5.5 RMB ... gotch not much diff ...

pple saying China die jialat ...

... shld know tis figure

Taobao generates ...

200,000,000,000 dolla for ONE day on 11/11, tis is 1/365 of a year...

0.2 Trillion for ONE company.

 

[pieface]

Yes export from tiongland might become cheaper due to devaluing yuan, but does it matter if not enough countries are buying it due to tariff and trade restrictions?

Countries also have to protect their own domestic companies and will prevent dumping from tiongland.

On the other hand, tiong citizens will become much poorer globally because their spending power drop severely. Their savings which are in yuan will also be worth lesser as the currency plunges.

Nobody would want to hold onto tiongland's yuan because it is a very unstable currency that loses value significantly. This is not good for them no matter how certain people try to spin it.

 

[icebleue]

SGD 1 = RMB 5.49
SGD 1 = RM 3.35

 

[rodimus_prime]

trump should ask everyone to tariff china while they devalue their currency. china giving free money to everyone they try to export to

Oh, they will start doing that without him having to ask them to. When, not if, China starts dumping all their stuff to her beloved neighbors, they will get their own tariff barriers up to protect their own companies.

 

[EXIDBeast]

is it cheaper to xian atb now??

 

[sg-united]

US debt is $36.22 trillion. how much is china debt?

China only has $2.4T external debt, much lower than the US.

The US owns the world money.

 

[kyokoto]

It's 2000 pips. It is a lot for FX

But the text said devalue yuan by 20%-40%.