The Chinese currency is the Yuan or Renmenbi. The Won is Korean.
Look at Dell hurting and closing their manufacturing plants in America. I predicted that direct shipments of PCs from China was the way to go. If you order a Compaq/HP computer, it's directly shipped to you from China via DHL. I knew that was the correct business model. HP is now the top PC maker (or should I say marketer).
I knew that. Freudian slip….I was talking to someone Korean right before I replied to this thread. Yuan and the RMB…. Yes yes. The Yuan is more or less pegged to the dollar.
