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True, but on the flip side, demand for China's goods might be significantly lower if they weren't manipulating their currency. If their goods had a higher valu
by Perceval 17y ago
True, but on the flip side, demand for China's goods might be significantly lower if they weren't manipulating their currency. If their goods had a higher valuation from being priced in a more valuable yuan, the demand would probably fall. I guess we have to wonder whether it's politically more important for China to sell high volume/low price or eventually more to medium volume/medium price.