Ok, China is a large country, with a large population, big consumers, and just
a new economy and developing country.
But because China announced a 0.27-percentage-point rise interests, the world
markets collapsed?... Come on!!
(China announces hike in interest rates for the first time in nine years)
Thursday, October 28, 2004 - SHANGHAI (AP)
They are not even part of the G8 !
(USA, Canada, England, France, Germany, Japan, Italy, and Russia)
There are other countries and developing economies such as India, Brazil,
Russia, as important as China.
Do we even know the name of its currency?
Lets take care of our business, our dollar(s), our markets, our economy.
The rest is just unfounded speculations.
In addition to other basic materials.
> >Do we even know the name of its currency?
>
> That would be the Yuan.
>
Renminbi (RMB)
> >Lets take care of our business, our dollar(s), our markets, our economy.
> >
> >The rest is just unfounded speculations.
>
> Look on the back of any number of items in your home and notice where they
> are made. The U.S. is joined at the hip with China in many respects.
>
> --
> LEARNING, n. The kind of ignorance distinguishing the studious.
>
> - Ambrose Bierce
>
If you choose to be ignorant, it's your choice.