Dan Collins
@DanCollins2011
Engineer/ Entrepreneur/Technologist
2.7K Following 23.2K Followers
A RMB to USD of 5–1 grows China’s global financial muscle by 33%.
And everything in the U.S more expensive.
We have pushed for stronger RMB for > a decade.
As they say, be careful what you wish for .
Show more
China’s onshore currency may strengthen to as much as five yuan per dollar if local firms unwind a massive buildup of greenback holdings, triggering a sharp reversal in capital flows, according to Macquarie Group
Show more
The U.S is so far behind on manufacturing it has no idea.
