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Balt Sun article on the Chinese currency
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Author Balt Sun article on the Chinese currency
HenryTo
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Joined: 06 Aug 2004
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PostPosted: Sun Feb 06, 2005 10:52 am    Post subject: Balt Sun article on the Chinese currency Reply with quote

Amazing stuff. Let it be known that there is no "sure thing" when it comes to investing or speculating. I found the following quote interesting: "Many of my friends are doing the same thing," said the 32-year-old business development manager. The reason? "The yuan will be going up," he said."

It will be interesting if we actually see a drop in the Renminbi - and then a frantic hurry out of the currency as speculators realized that they were wrong:

http://www.baltimoresun.com/news/nationworld/bal-te.china06feb06,1,1512155.story?coll=bal-nationworld-headlines&ctrack=1&cset=true
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