why china may not revalue (materially or at all)

Discussion in 'Economics' started by 2cents, Jul 4, 2006.

  1. an interesting perspective, just days away from the 1st anniversary of the all-very-symbolic 2005 renminbi reval... see from page 6

    "A revaluation of the Chinese currency, far from alleviating global imbalances, would run the risk of precipitating a financial crisis."...

    other related looming issues:

    just food for thought... opinions welcome!