The Euro, Dollar and Gold: Which Would Benefit More From Yuan Revaluation?
Tuesday, March 9th, 2010Hao Jin submits:
Traditionally, China is blamed for holding its currency at an artificially low level to spur exports. If the yuan appreciates, it would be bullish for everybody but China, because there will be more exports and higher growth in Europe and the U.S. But it could also lead to higher prices on Chinese [...]