MONEY OF CHINA


Bremmer, Brian (2005) A whole new currency game BUSINESS WEEK, 6/27 116


When will China revalue the Yuan? It has been pegged to the USA dollar for 11 years. Numerous countries want it to revalue, however it may mean that these same countries can’t afford to offend China because it owns a lot of debt of the complaining countries.

Business week wants investors to watch China Mobile, CNOOC, Lianhua Supermarket holdings, Honda Motor, Hyundai Heavy Industries.




 

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