In Part One , we set up some oversimplified and hypothetical examples to show how China manipulates the exchange rate of its currency, the Chinese Yuan (or “CNY”). <- – – Click this little footnote. To recap, China doesn’t want the Yuan to appreciate because the US and other trade partners wouldn’t be able to afford as many Chinese goods. So China prevents the Yuan …
The Fix Is In: China’s Currency Manipulation (Part 1 of 2)
In this post, I’m going to try to tackle a pretty complicated topic: China’s currency exchange rate. Or should I say lack thereof. This is a very hot-button topic in global economics and politics. You’ve probably heard anything from the intelligent “China does not freely float its currency” to the emotional “China is a currency cheater and steals jobs from Americans.” …
Random Thoughts and Observations – China
So as I did for Japan, I wanted to throw out a few random thoughts and opinions from our time in China. As we are walking around, shopping, researching, or whatever else is going on… I try to take little notes of the times when one or both of us says “that’s cool” or “that’s weird.” So here goes for China.<- …
“Made in China” – Breaking Down China’s GDP
So in my prior post on China, I shared a few pics, videos, and thoughts on the random rows of apartment/condo towers that we saw, often in the middle of nowhere, on our train ride through Northern China, concluding that post with the following thought: “China is like a shark. It must keep swimming or it will die. Except ‘swimming’ is really …
Over-Simplifying the Chinese Economy. From a Single Train Ride.
So. Let’s get a post out there on China’s economy. Which is really really big. China passed Japan not so long ago to take the silver for 2nd largest economy in the world. <- – – Click this little footnote. The Chinese economy is huge, coming in at about 10.4 trillion dollars for 2014. So obviously this post isn’t going to fully …
- Page 1 of 2
- 1
- 2