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Why A Strong Dollar Is Good For China’s Economy
(Why and how you need to hedge against the greenback)
Here’s the latest alarmist headline from TIME Magazine: “Replacing the Dollar: China’s Big Plans for Its Currency” Should investors pay heed?
A lot of China watchers have been mystified by Beijing’s complaints about the stability of the U.S. dollar. [...]
Posted by Jim Trippon on Tuesday, July 21, 2009 at 3:51 am
Filed under china economic growth, china stock, china stock market, china stocks, china's economic growth, chinese economy · Tagged China Economy, China Markets, china stock, china stock market, china's economic growth, chinese economy, economy of China, Investment China, People's Bank of China, Special Drawing Rights (SDRs), Zhou Xiaochuan