Currency Strengths and the Demand for Raw Materials
Aggregated Source: China Venture News
February 24, 2008|
The relationship between China's currency, the yuan renminbi, and the US dollar has been a focus of attention for months now. The yuan is stronger than its ever been and is continuing to climb against the dollar. But politicians in the US don't seem happy with and China bashing continues...
I saw an interesting piece recently on factors that affect the dollar. The article, 13 Unconventional Factors that Affect the Dollar, included a few factors I hadn't considered before. One of them was Chinese demand for raw materials.
Adam Kritzer wrote the article a few days ago. He suggested that "China's unending economic boom is one of the prime factors behind the global rise in commodity prices." "Okay; so what," I thought. He says it's simple: "those countries with large reserves of natural resources have seen their economies boom and their currencies rise." (Emphasis added.)

See full article.
Related Entries:
Contents of this feed are a property of Creative Weblogging Limited and are protected by copyright laws. Violations will be prosecuted. Please email us if you'd like to use this feed for non-commercial activities at feeds - at - creative-weblogging.com.
Original URL: Click here to visit original article
Copyright China Venture News
I saw an interesting piece recently on factors that affect the dollar. The article, 13 Unconventional Factors that Affect the Dollar, included a few factors I hadn't considered before. One of them was Chinese demand for raw materials.
Adam Kritzer wrote the article a few days ago. He suggested that "China's unending economic boom is one of the prime factors behind the global rise in commodity prices." "Okay; so what," I thought. He says it's simple: "those countries with large reserves of natural resources have seen their economies boom and their currencies rise." (Emphasis added.)

See full article.
Related Entries:
Currency trading with Retirement money - 29 April 2005
EPA invites participation in Nanoscale Materials Stewardship Program - 19 October 2006
Know Your Strengths - 27 December 2006
Employee Motivation: Strengths vs Weaknesses - 11 July 2007
Contents of this feed are a property of Creative Weblogging Limited and are protected by copyright laws. Violations will be prosecuted. Please email us if you'd like to use this feed for non-commercial activities at feeds - at - creative-weblogging.com.
Original URL: Click here to visit original article
Copyright China Venture News
Print This Post
|
Email This Page