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That doesn't check out. Why would China try to push down the US dollar when the US is their largest export market? That would also damage all the effort they pu
by pcr0 9y ago
That doesn't check out. Why would China try to push down the US dollar when the US is their largest export market? That would also damage all the effort they put in trying to devalue the yuan.
- whytaka 9y agoGood point. Perhaps the Chinese feel secure their transition into a consumer economy is on good footing. I've noticed my China stocks go up 50% in the last month or two. Confidence is way up.