Home › Forums › Financial Markets/Economics › Chinese yuan
- This topic has 70 replies, 8 voices, and was last updated 15 years ago by Bubblesitter.
-
AuthorPosts
-
November 20, 2009 at 12:28 PM #484852November 20, 2009 at 4:12 PM #484876ucodegenParticipant
You think Chinese investors are the only ones. That IS how investors operate, because that IS how humans operate.
No, they are not the only ones.. but they have the ‘disease’ worse than cultures where dissent is allowed or even possibly appreciated.
November 20, 2009 at 4:12 PM #485503ucodegenParticipantYou think Chinese investors are the only ones. That IS how investors operate, because that IS how humans operate.
No, they are not the only ones.. but they have the ‘disease’ worse than cultures where dissent is allowed or even possibly appreciated.
November 20, 2009 at 4:12 PM #485417ucodegenParticipantYou think Chinese investors are the only ones. That IS how investors operate, because that IS how humans operate.
No, they are not the only ones.. but they have the ‘disease’ worse than cultures where dissent is allowed or even possibly appreciated.
November 20, 2009 at 4:12 PM #485045ucodegenParticipantYou think Chinese investors are the only ones. That IS how investors operate, because that IS how humans operate.
No, they are not the only ones.. but they have the ‘disease’ worse than cultures where dissent is allowed or even possibly appreciated.
November 20, 2009 at 4:12 PM #485733ucodegenParticipantYou think Chinese investors are the only ones. That IS how investors operate, because that IS how humans operate.
No, they are not the only ones.. but they have the ‘disease’ worse than cultures where dissent is allowed or even possibly appreciated.
November 20, 2009 at 5:18 PM #485092MadeInTaiwanParticipant[quote=ucodegen]
Chinese government …
Incorrect.. it does float. You can see the ‘fight’ between trade imbalance and counter trade here.
http://www.x-rates.com/d/CNY/USD/hist2009.html
http://www.x-rates.com/d/CNY/USD/hist2008.html
http://www.x-rates.com/d/CNY/USD/hist2007.html
http://www.x-rates.com/d/CNY/USD/hist2006.htmlIf it was ‘set’ or ‘pegged’ to the dollar, it would not move at all. There are small movements, b…[/quote]
I am tool lazy to look it up, but the Chinese government controls the exchange rate. It definitely is not a free market situation like the dollar or the german mark.
Michael Pettis’s from the blog I sited lists the ways that the government encourages excess saving and thereby subsidies manufacturers. It is the equivalent of easy credit we had for the housing market.
Certainly Chinese culture values land ownership, but the bad loans are not just in real estate but with all the excess investment in production
MadeInTaiwan
November 20, 2009 at 5:18 PM #485552MadeInTaiwanParticipant[quote=ucodegen]
Chinese government …
Incorrect.. it does float. You can see the ‘fight’ between trade imbalance and counter trade here.
http://www.x-rates.com/d/CNY/USD/hist2009.html
http://www.x-rates.com/d/CNY/USD/hist2008.html
http://www.x-rates.com/d/CNY/USD/hist2007.html
http://www.x-rates.com/d/CNY/USD/hist2006.htmlIf it was ‘set’ or ‘pegged’ to the dollar, it would not move at all. There are small movements, b…[/quote]
I am tool lazy to look it up, but the Chinese government controls the exchange rate. It definitely is not a free market situation like the dollar or the german mark.
Michael Pettis’s from the blog I sited lists the ways that the government encourages excess saving and thereby subsidies manufacturers. It is the equivalent of easy credit we had for the housing market.
Certainly Chinese culture values land ownership, but the bad loans are not just in real estate but with all the excess investment in production
MadeInTaiwan
November 20, 2009 at 5:18 PM #484927MadeInTaiwanParticipant[quote=ucodegen]
Chinese government …
Incorrect.. it does float. You can see the ‘fight’ between trade imbalance and counter trade here.
http://www.x-rates.com/d/CNY/USD/hist2009.html
http://www.x-rates.com/d/CNY/USD/hist2008.html
http://www.x-rates.com/d/CNY/USD/hist2007.html
http://www.x-rates.com/d/CNY/USD/hist2006.htmlIf it was ‘set’ or ‘pegged’ to the dollar, it would not move at all. There are small movements, b…[/quote]
I am tool lazy to look it up, but the Chinese government controls the exchange rate. It definitely is not a free market situation like the dollar or the german mark.
Michael Pettis’s from the blog I sited lists the ways that the government encourages excess saving and thereby subsidies manufacturers. It is the equivalent of easy credit we had for the housing market.
Certainly Chinese culture values land ownership, but the bad loans are not just in real estate but with all the excess investment in production
MadeInTaiwan
November 20, 2009 at 5:18 PM #485467MadeInTaiwanParticipant[quote=ucodegen]
Chinese government …
Incorrect.. it does float. You can see the ‘fight’ between trade imbalance and counter trade here.
http://www.x-rates.com/d/CNY/USD/hist2009.html
http://www.x-rates.com/d/CNY/USD/hist2008.html
http://www.x-rates.com/d/CNY/USD/hist2007.html
http://www.x-rates.com/d/CNY/USD/hist2006.htmlIf it was ‘set’ or ‘pegged’ to the dollar, it would not move at all. There are small movements, b…[/quote]
I am tool lazy to look it up, but the Chinese government controls the exchange rate. It definitely is not a free market situation like the dollar or the german mark.
Michael Pettis’s from the blog I sited lists the ways that the government encourages excess saving and thereby subsidies manufacturers. It is the equivalent of easy credit we had for the housing market.
Certainly Chinese culture values land ownership, but the bad loans are not just in real estate but with all the excess investment in production
MadeInTaiwan
November 20, 2009 at 5:18 PM #485781MadeInTaiwanParticipant[quote=ucodegen]
Chinese government …
Incorrect.. it does float. You can see the ‘fight’ between trade imbalance and counter trade here.
http://www.x-rates.com/d/CNY/USD/hist2009.html
http://www.x-rates.com/d/CNY/USD/hist2008.html
http://www.x-rates.com/d/CNY/USD/hist2007.html
http://www.x-rates.com/d/CNY/USD/hist2006.htmlIf it was ‘set’ or ‘pegged’ to the dollar, it would not move at all. There are small movements, b…[/quote]
I am tool lazy to look it up, but the Chinese government controls the exchange rate. It definitely is not a free market situation like the dollar or the german mark.
Michael Pettis’s from the blog I sited lists the ways that the government encourages excess saving and thereby subsidies manufacturers. It is the equivalent of easy credit we had for the housing market.
Certainly Chinese culture values land ownership, but the bad loans are not just in real estate but with all the excess investment in production
MadeInTaiwan
November 20, 2009 at 9:37 PM #485841moneymakerParticipant[quote=ucodegen]
Ok, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them?
Ooh I love to dance a little sidestep, now they see me now they don’t-
I’ve come and gone and, ooh I love to sweep around the wide step,
cut a little swathe and lead the people on. Best Little Whorehouse in Texas< http://www.census.gov/foreign-trade/top/dst/2009/09/deficit.htmlIf you are referring to this:
http://www.census.gov/foreign-trade/top/dst/2009/09/balance.html
read the fine print at the top.. "The values given are for Imports and Exports added together."[/quote]Thanks for the real numbers, seems charts can be very deceptive. I didn't really think I was buying more Canadian stuff than Chinese stuff, but sometimes I can get a little local and forget about all those other states on the Canadian border.
November 20, 2009 at 9:37 PM #485611moneymakerParticipant[quote=ucodegen]
Ok, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them?
Ooh I love to dance a little sidestep, now they see me now they don’t-
I’ve come and gone and, ooh I love to sweep around the wide step,
cut a little swathe and lead the people on. Best Little Whorehouse in Texas< http://www.census.gov/foreign-trade/top/dst/2009/09/deficit.htmlIf you are referring to this:
http://www.census.gov/foreign-trade/top/dst/2009/09/balance.html
read the fine print at the top.. "The values given are for Imports and Exports added together."[/quote]Thanks for the real numbers, seems charts can be very deceptive. I didn't really think I was buying more Canadian stuff than Chinese stuff, but sometimes I can get a little local and forget about all those other states on the Canadian border.
November 20, 2009 at 9:37 PM #485153moneymakerParticipant[quote=ucodegen]
Ok, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them?
Ooh I love to dance a little sidestep, now they see me now they don’t-
I’ve come and gone and, ooh I love to sweep around the wide step,
cut a little swathe and lead the people on. Best Little Whorehouse in Texas< http://www.census.gov/foreign-trade/top/dst/2009/09/deficit.htmlIf you are referring to this:
http://www.census.gov/foreign-trade/top/dst/2009/09/balance.html
read the fine print at the top.. "The values given are for Imports and Exports added together."[/quote]Thanks for the real numbers, seems charts can be very deceptive. I didn't really think I was buying more Canadian stuff than Chinese stuff, but sometimes I can get a little local and forget about all those other states on the Canadian border.
November 20, 2009 at 9:37 PM #485527moneymakerParticipant[quote=ucodegen]
Ok, so if China is investing in US stocks and treasuries why would the secretary of state be upset with them?
Ooh I love to dance a little sidestep, now they see me now they don’t-
I’ve come and gone and, ooh I love to sweep around the wide step,
cut a little swathe and lead the people on. Best Little Whorehouse in Texas< http://www.census.gov/foreign-trade/top/dst/2009/09/deficit.htmlIf you are referring to this:
http://www.census.gov/foreign-trade/top/dst/2009/09/balance.html
read the fine print at the top.. "The values given are for Imports and Exports added together."[/quote]Thanks for the real numbers, seems charts can be very deceptive. I didn't really think I was buying more Canadian stuff than Chinese stuff, but sometimes I can get a little local and forget about all those other states on the Canadian border.
-
AuthorPosts
- You must be logged in to reply to this topic.