Comments on: Chinese Currency (RMB) vs. US Dollar http://www.thesunsfinancialdiary.com/china/chinese-currency-rmb-vs-us-dollar-2/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: 2million's personal finance bloghttp://www.thesunsfinancialdiary.com/china/chinese-currency-rmb-vs-us-dollar-2/#comment-42098 2million's personal finance blog Sun, 20 Apr 2008 04:34:59 +0000 http://www.thesunsfinancialdiary.com/china/chinese-currency-rmb-vs-us-dollar-2/#comment-42098 Sun, You may be interested in this -- just reinforces what you are saying - here is the <a href="http://www.2millionblog.com/2008/03/the_effect_of_the_decline_of_the_dollar_in_china.html" rel="nofollow">exchange rate I have been getting in China for the past 8 months</a>. Sun,
You may be interested in this — just reinforces what you are saying – here is the exchange rate I have been getting in China for the past 8 months.

]]> By: casualsurferhttp://www.thesunsfinancialdiary.com/china/chinese-currency-rmb-vs-us-dollar-2/#comment-42095 casualsurfer Sun, 20 Apr 2008 02:25:27 +0000 http://www.thesunsfinancialdiary.com/china/chinese-currency-rmb-vs-us-dollar-2/#comment-42095 Walmart's executives don't talk about the R word or the I word because their view is that there is no recession and inflation doesn't exist. Also, there will be plenty of suppliers willing to slit their own throats to get Walmart's business.Even with the RMB valuation and the increase in labor wages all over China, Walmart's stance is that everyone needs to drop their prices year over year, or you're out. Guess what? After Walmart chased away domestic suppliers and even the Chinese suppliers, we'll be importing from Africa, yes, I said Africa. Made in Zimbabwe will be the next big thing ;) Walmart’s executives don’t talk about the R word or the I word because their view is that there is no recession and inflation doesn’t exist. Also, there will be plenty of suppliers willing to slit their own throats to get Walmart’s business.

Even with the RMB valuation and the increase in labor wages all over China, Walmart’s stance is that everyone needs to drop their prices year over year, or you’re out. Guess what? After Walmart chased away domestic suppliers and even the Chinese suppliers, we’ll be importing from Africa, yes, I said Africa. Made in Zimbabwe will be the next big thing ;)

]]> By: aahttp://www.thesunsfinancialdiary.com/china/chinese-currency-rmb-vs-us-dollar-2/#comment-42094 aa Sat, 19 Apr 2008 19:17:48 +0000 http://www.thesunsfinancialdiary.com/china/chinese-currency-rmb-vs-us-dollar-2/#comment-42094 Nah, no country can provide as many skilled labors as China. When RMB goes up, companies like Wal-Mart will be forced to stick with China. US consumers will then stick with higher priced imports, LOL!!! Nah, no country can provide as many skilled labors as China. When RMB goes up, companies like Wal-Mart will be forced to stick with China. US consumers will then stick with higher priced imports, LOL!!!

]]> By: cshttp://www.thesunsfinancialdiary.com/china/chinese-currency-rmb-vs-us-dollar-2/#comment-42092 cs Sat, 19 Apr 2008 14:50:54 +0000 http://www.thesunsfinancialdiary.com/china/chinese-currency-rmb-vs-us-dollar-2/#comment-42092 We all know RMB is going appreciate the US dollar. The question is how can we make money from the currency exchange? We all know RMB is going appreciate the US dollar. The question is how can we make money from the currency exchange?

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