http://www.bloomberg.com/apps/news?pid=20601087&sid=aeRDyX9UtqxY&refer=home
The yuan rose the most in two years after China's central bank signaled it will allow the currency to appreciate faster to help narrow a record trade surplus and slow inflation.
As I have said I think the next great Chinese export will be inflation. I think we are at the beginning of next great inflation cycle and of course the Fed in their genius is cutting rates.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment