4 responses

  1. linny miller
    March 16, 2011

    Unconscionable

  2. linny miller
    March 16, 2011

    Unconscionable

  3. Romeo Strama
    March 19, 2011

    China doesn’t want its currency to appreciate because by keeping the yuan low, they are able to export their goods at a cheaper price. China competes with Brazil, Russia, and India amongst others for exporting goods, and by keeping the yuan artificially low, China is able to gain that advantage of being able to sell your goods at a cheaper price. Cheaper prices looks more attractive to buyers who then may have a favoritism to China because of that reason.

  4. Romeo Strama
    March 19, 2011

    China doesn’t want its currency to appreciate because by keeping the yuan low, they are able to export their goods at a cheaper price. China competes with Brazil, Russia, and India amongst others for exporting goods, and by keeping the yuan artificially low, China is able to gain that advantage of being able to sell your goods at a cheaper price. Cheaper prices looks more attractive to buyers who then may have a favoritism to China because of that reason.

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