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Re China?

Posted by Mr.Copper @ 15:50 on March 9, 2019  

As long as the Yuan stays in the 7 to $1 dollar area, nothing will improve. No US Based American company that moved over there would do so with a one or two year lease. You can bet your ass a 40 or or more year “lease agreement” on the exchange rate agreement was made probably back in the 1990s after China got the most favored nation trade status. To make sense the yuan should be 2 to $1.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.