Friday, July 04, 2003

CHINAIs there any benefit or risks to the US economy if China lets the yeun trade freely?

...well if the yeun get stronger against the dollar then chinese products become less competitive against the equivalent us product..........but i am not sure there is a lot of overlap between what i made in china and what is made in the usa.................on the other hand it would force up the price of chinese products and that would increase inflation.

it will be hard for anyone to compete against china in labor intensive industries

chinese internet stock are soaring at the moment.....check out iiji, sina, china and sohu.