http://www.dinocrat.com/archives/2007/08/08/two-can-play-at-that-game/ Mon, 01 Dec 2008 22:14:55 +0000 http://wordpress.org/?v=2.6.3 http://www.dinocrat.com/archives/2007/08/08/two-can-play-at-that-game/#comment-301793 Moonzie Fri, 10 Aug 2007 17:57:04 +0000 http://www.dinocrat.com/archives/2007/08/08/two-can-play-at-that-game/#comment-301793 5000 of Wal-Mart’s 7000 suppliers are from China. China is 70% dependent upon exports for its growth. Creating any severe dislocation in US-China trade is dangerous and foolhardy. Moreover, the revaluation of the yuan is largely a red herring anyway. Although China needs to apply fairer trading and currency policies, it is being blamed by U.S. lawmakers, unions and manufacturers for some problems that it did not cause and cannot fix. And the weapons being deployed by Congress may cause widespread collateral damage. Good sense on both sides in the U.S.-China dispute may yet prevail. The Chinese currency has risen by more than 8 percent against the dollar since authorities in China began allowing it to creep upward in July 2005. Both the U.S. and China have much to lose in a trade war. While the U.S. is a vital market for China, the latter helps fund America's deficit. Cheap goods from China help keep U.S. inflation in check and consumers happy. Welcome to AmeriChinaB2B( http://www.acb2b.com/ ) to begin your business trip of China. 5000 of Wal-Mart’s 7000 suppliers are from China. China is 70% dependent upon exports for its growth. Creating any severe dislocation in US-China trade is dangerous and foolhardy. Moreover, the revaluation of the yuan is largely a red herring anyway.
Although China needs to apply fairer trading and currency policies, it is being blamed by U.S. lawmakers, unions and manufacturers for some problems that it did not cause and cannot fix. And the weapons being deployed by Congress may cause widespread collateral damage. Good sense on both sides in the U.S.-China dispute may yet prevail. The Chinese currency has risen by more than 8 percent against the dollar since authorities in China began allowing it to creep upward in July 2005. Both the U.S. and China have much to lose in a trade war. While the U.S. is a vital market for China, the latter helps fund America’s deficit. Cheap goods from China help keep U.S. inflation in check and consumers happy.
Welcome to AmeriChinaB2B( http://www.acb2b.com/ ) to begin your business trip of China.

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