Discussion in 'China' started by Ray, Nov 14, 2010.
How will China handle this tricky issue?
Well, probably not. Appreciate the currency quickly does nothing good to China. So, why we do that?
The only policy china will take is what it is doing: appreciate currency slowly.
2 US presidents and 2 different treasury secretaries have failed in the currency issue with China, I don't think China has any intentions of becoming more flexible in it's currency policy.
I am one of those hurt by chinese manipulative policies. What I import is much more expensive than the cheap fakes others import from china. Daily thing for me to convince customers why they should buy from me.
And the best part is the Chinese goods are copies and not up to the standard of the real McCoys!
in market economy, costperformance is the King. except Idiots, nobody would pay for low costfperformance goods.
Its not just you bro, its happening everywhere.
Its not level playing field. The country I import from does not manipulate its currency. Does not subsidies its exports. And also the fakes my competition sells is really horrible quality.
1.Everyyear, CHina export 1.5 trillion USD goods.
no country on the earth can afford the subsidies for 1.5 trillion USD export.
2. does competition can be won by simply pegging currency?
go back home and figure out how many countries on the earlth peg their currency.
then figure out why only CHina can win the race.
Then why the hell doesn't china free up its currency and also stop all other protectionist measures. You are either plain idiot or just don't want to understand anything else apart from what your oppressive govt teaches you.....
Reason is very simple: "Both China and West are sure that CHina will win the race under the current game rules,so west decides to change the game rules while CHina wants to keep them!"
how will china win any race when they are paid in bonds or an IOU??They are loser when they are sending goods and getting an IOU that USA will decide if and when they want to honor.
keep on,guy.your kids are going to work for our kids....haha
That will be the day!
We are making you sing for your supper and that is why you are working for us and flooding our markets with your cheap goods.
We give you money and you work for us!
Why dream about something that is yet to happen or you dream that its going to happen ? lets discuss about present . What is china ?
China is nothing but a cheap labour source for Western economies. In short you all work for west so its better if you come out of your wet dream and accept the reality . Oops I forgot to mention that you act as labour for your best friend Japan as well as us .
Well, every developed country started from producing some cheap products. The most important thing is you must start somewhere and don't stop there.
To a degree I agree that Chinese are working for many including Indians. China has a trade surplus over India. That's true.
Anyway Indians buy some of China's products though calling them 'cheap craps' in times.
My question, a bit simple or kind of silly,
How can Indians afford imports (no matter from China or elsewhere)? ? of course not with Rupees :happy_2:. Tell me where u get hard currency to pay for them
a big part is the oversee remittance from oversea Indian workers in gulf areas.
He is the chap at it!
Separate names with a comma.