Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: safetysign
they have never lifted a finger to do anything about China’s practice of letting the yuan float freely, giving products from the Middle Kingdom a huge cost advantage

I thought the problem was that they weren't letting their currency "float", instead, artificially pegging it to the weak dollar?

4 posted on 11/17/2011 6:33:54 AM PST by RightInEastLansing
[ Post Reply | Private Reply | To 1 | View Replies ]


To: RightInEastLansing

The PRC is protectionist.

Chinese markets are CLOSED.

Changing the exchange rate won’t do diddly squat. We still won’t sell exports to China, because...

(wait for it)

China is protectionist.

That is the problem. Not “exchange rates”. China is deliberately keeping our goods out of their markets.

We remain clueless, with open, shrinking consumer markets.


6 posted on 11/17/2011 6:37:52 AM PST by Cringing Negativism Network (Evict the unsanitary, violent occupiers. Now.)
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson