[connectthedots]

This is much ado about nothing. A significantly undervalued yuan does nothing but hurt China in the long run. china is subsidizing the lifestyle of much of the rest of the world. In the end, it will lead to the implosion of communism in China.

I've been saying for years that companies like Wal-Mart will eventually bring China to its knees.

[Boiler Plate]

This is much ado about nothing. A significantly undervalued yuan does nothing but hurt China in the long run. china is subsidizing the lifestyle of much of the rest of the world. In the end, it will lead to the implosion of communism in China.

That's knda how I understand it.

[Californiajones]

"I've been saying for years that companies like Wal-Mart will eventually bring China to its knees."

Why, because consumer lust for goods will be more powerful in the long run than guns and missiles? I think China is trying to straddle both forces under its totalitarian rule and world subjugating plans.