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It would, but China might be close to the point where it wants to start to transition to a more service-based economy. In that case, they can use the stronger c
by tareqak 7y ago
It would, but China might be close to the point where it wants to start to transition to a more service-based economy. In that case, they can use the stronger currency to buy the resources they require and establish favourable trade agreements with nations other than the United States.