Yuan in Trubble

Economists all around the world start to question the Chinese economy as a result of the negative change of the Yuan. The topic this week is the 7% annual increase in the Chinese economy the last years. As the Yuan now is directly connected to the market we might think that everything is okay, but the question that remain are if the official numbers are correct or not. Most likely we will see the Yuan become gradually weaker the coming months and perhaps years; a moderate devaluation. As a direct result of the change of Yuan toward US dollar we will find other countries also to devaluate their currency to stay completive towards China.

Legg igjen en kommentar

Fyll inn i feltene under, eller klikk på et ikon for å logge inn:


Du kommenterer med bruk av din WordPress.com konto. Logg ut /  Endre )


Du kommenterer med bruk av din Google+ konto. Logg ut /  Endre )


Du kommenterer med bruk av din Twitter konto. Logg ut /  Endre )


Du kommenterer med bruk av din Facebook konto. Logg ut /  Endre )


Kobler til %s