Category: China Currency Yuan
The analysis published under this category are as follows.
Thursday, November 26, 2009
Why China Will Not Revalue their Currency / Currencies / China Currency Yuan
By: Larry_Edelson
President Obama’s recent trip to Beijing has sparked a lot of talk about China revaluing its currency, the yuan (officially called the renminbi), higher.
Don’t you believe it. Not for a minute. The fact of the matter is China is not going to do anything substantial to increase the value of its currency, except perhaps take a baby step here and there to appease politicians around the world.
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Friday, November 20, 2009
The Truth Behind China's U.S. Dollar Currency Peg / Currencies / China Currency Yuan
By: Peter_Schiff
During President Obama's high profile visit to China this week, the most frequently discussed, yet least understood, topic was how currency valuations are affecting the economic relationship between the United States and China. The focal problem is the Chinese government's policy of fixing the value of the renminbi against the U.S. dollar. While many correctly perceive that this 'peg' has contributed greatly to the current global imbalances, few fully comprehend the ramifications should that peg be discarded.
Sunday, November 15, 2009
China Currency Manipulation About to Trigger Protectionism Crisis / Currencies / China Currency Yuan
By: Bryan_Rich
I’ve written several times here in Money and Markets about the geopolitical time bomb surrounding China’s currency manipulation. The most recent was in my October 31 column.
I expect this issue to grow in intensity and become a major point of contention for the global economy in the coming year. In recent days the chatter about China and its artificially weak yuan has been picking up.
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Saturday, October 31, 2009
Chinese Yuan the Most Undervalued Currency in the World / Currencies / China Currency Yuan
By: Bryan_Rich
When the leaders from the 20 most powerful countries in the world (including China) met last month, they left with a pledge to work toward rebalancing global economies.
That means countries running large trade deficits, like the U.S., would save more, consume less, and produce more … and export-driven economies, like China, would spend more and export less.
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Friday, October 30, 2009
Yuan Currency Swap / Currencies / China Currency Yuan
By: Mike_Hewitt
On March 23, 2009, China made public announcements to overhaul the global monetary system, thereby questioning the role of the US dollar as the reserve currency.1 Chinese officials have gone on record saying they want to move the global currency peg away from the dollar in favour of currency diversification as indicated by China's push for OPEC to price oil in a basket of currencies (including the yuan) instead of dollars.
Tuesday, September 01, 2009
How Will China Handle The Yuan? / Currencies / China Currency Yuan
By: Mike_Shedlock
Inquiring minds are asking "How Will China Handle The Yuan?"
It's a good question, too. Lance Lewis has a conversation with Professor Ryan Krueger in index/a/24294" target="_blank">How China Will Handle the Yuan describing how it might play out. Please click on the above link for one possibility.
Monday, July 20, 2009
China's Unfair Currency Advantage, 29% of International Reserve Assets / Currencies / China Currency Yuan
By: Money_and_Markets
Bryan Rich writes: China’s the largest country in the world by population, the third-largest economy and the third-largest exporter. It’s also the owner of over $2 trillion in foreign currency reserves.
Friday, July 17, 2009
Currency Crisis, the Yuan to go Global! Gold will Rise! / Currencies / China Currency Yuan
By: Julian_DW_Phillips
Suddenly the pressure from China to change the world’s monetary order is pressing. At the G-8 China asked for the forum to debate proposals for a new global reserve currency! They were largely ignored! China’s rising presence in the global economy [$2 trillion reserves now] and the threatening weakness of the $ is prompting China to act in this way and with speed. Not only the Chinese but the French, Finance Minister and Central Bank President called for greater currency stability and a system to avoid piling up currency reserves as we see with the $. It is clear that more and more countries are objecting to the debasement of the U.S. $ through Trade deficits and Quantitative Easing.
Friday, July 03, 2009
Can China's Economy Prosper Without the U.S. Dollar? / Economics / China Currency Yuan
By: Pravda
China ’s announcement overnight that it will allow companies to settle international trade claims in yuan shows how serious the Chinese authorities are about building a local currency market.
Wednesday, May 27, 2009
China Seeks to Replace U.S. Dollar with Yuan as the Dominant Global Currency / Currencies / China Currency Yuan
By: Money_Morning
Keith Fitz-Gerald writes: China has taken yet another step to transform the yuan into the dominant global currency, a long-term initiative that could ultimately dethrone the dollar as the world’s top unit of exchange.
Saturday, April 25, 2009
Gold and China's Global Currency Threat to the U.S. Dollar / Currencies / China Currency Yuan
By: Julian_DW_Phillips
For years now we have been warning of the decline of the $ as the globe's reserve currency. The threat is not so much that the monetary policies of the U.S. are cheapening the worth of the $, but that these are pressing so many other nations to search for ways to avoid the US $ in international dealings. China has now taken a momentous, structurally adjusting step to change matters in their favor.
Sunday, March 22, 2009
How China Could Use Currency as a Weapon / Currencies / China Currency Yuan
By: Money_and_Markets
Bryan Rich writes: China's currency policy is pretty far down the list of priorities for the U.S. Treasury staff. But it could be the turning point in this economic crisis — and for the worse.
Pressures on China to join the free market global economy on an equal playing field have intensified over the years. That's because during the last few decades, the artificially weak yuan had given China a distinct and unfair trade advantage, which helped propel its economy to become the third largest in the world.
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Tuesday, October 28, 2008
Chinese Yuan the Worlds New Reserve Currency? / Currencies / China Currency Yuan
By: Mike_Whitney
Things are getting worse. On Friday morning, futures trading was halted for the first time ever after futures plunged more than 5 percent. The sell-off came after another 500-plus down day on the Dow followed by steep declines in equities markets across Europe and Asia. Japan's benchmark index, the Nikkei, slipped more than 9.5 percent after Toyota and Samsung reported disappointing earnings. The news was equally bad in Europe where shares were battered across the continent on fears of a global recession.Read full article... Read full article...
Friday, August 29, 2008
Chinese Yuan Remains Suppressed to Support Exporters / Currencies / China Currency Yuan
By: Michael_J_Kosares
(USAGOLD) CHINA -- Peter Grant writes: It's been slightly more than three years since China freed the yuan from its peg to the dollar. From the early 1990s until July of 2005, the USD-CNY exchange rate was fixed at 8.27, giving China a distinct and consistent advantage when it came to international trade.
The US was, and continues to be, the major consumer of goods manufactured in China. The artificially weak yuan resulted in the US trade deficit ballooning, while China amassed a monster trade surplus and considerable dollar reserves. In the years leading up to the float of the yuan, China was under considerable political pressure from the west.
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Monday, May 19, 2008
China the Orwellian Puzzle Palace / Currencies / China Currency Yuan
By: Black_Swan
Key News - Japanese manufacturers turned pessimistic about business conditions for the first time in five years in May as high raw material prices and a U.S. slowdown eroded sentiment, a Reuters survey showed on Monday.(Reuters)
China should “disguise its ambition and hide its claws.†Attributed to Deng Xiaoping
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Sunday, May 18, 2008
China's Strong Currency Solution to Consumer Spending and Inflation / Economics / China Currency Yuan
By: Peter_Schiff
As China grapples with the consequences of its devastating earthquake, it has also begun to finally confront the destabilizing forces bubbling up beneath its economic landscape. This week, several key Chinese officials, typically not known for their candor, conspicuously noted the need to both stimulate domestic consumer spending and bring down roaring inflation. While at first blush these two goals might appear mutually exclusive, China's leaders do have a magic bullet that can hit both targets at once. Read full article... Read full article...
Monday, September 17, 2007
US Dollar v. Chinese Yuan: There's More Than Meets The Eye / Currencies / China Currency Yuan
By: Gerard_Jackson
A great deal has been written about the Chinese economy — much of it nonsense — and the pegging of the yuan to the US dollar. I think a little theoretical digression may be in order. If the world were on a gold standard, by that I mean that all notes and bank deposits would be supported by a 100 per cent gold reserve, the pegging of currencies would not be possible. Each currency would represent a certain amount of gold. If currency A represented x gold units and currency B represented 2x units of gold then the exchange rate would obviously be 2:1. There would be no inflows or outflows of any significance so long as the exchange rates stayed with the gold points 1 .Read full article... Read full article...
Saturday, June 16, 2007
US Push for China Currency Revalution - Be Careful What You Wish For / Currencies / China Currency Yuan
By: John_Mauldin
In this issue:
Be Careful What You Wish For
Is It Time for the Yuan to Rise?
A Tough Choice for China
Inflation is in the Eye of the Beholder
Summer Time and the Living is Easy
Be careful for what you wish, because you may get it, and sometimes as H. L. Mencken wrote, you get it good and hard. The collective brain deficit trust, otherwise known as the US Congress, wish for the Chinese to revalue their currency upwards. Today we look at why they may indeed get their wish and why it is not going to produce their desired results. We look at a possible connection between China and the recent and odd volatility in interest rates, connect the dots on inflation and the US economy.