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<blockquote data-quote="Murdoch" data-source="post: 493348" data-attributes="member: 24445"><p>I quite agree BUT the majority of the rest of the world are happy for China to have an "advantage" so they can afford to buy things............</p><p></p><p>Until the Chinese currency floats properly on the exchange markets they will continue to have an advantage. They are in a similar position to Germany - who benefit from the Euro - where the weaker european currencies keep the exchange rates low so making the German exports "cheaper". Germany is the only real benefactor of the Euro </p></blockquote><p></p>
[QUOTE="Murdoch, post: 493348, member: 24445"] I quite agree BUT the majority of the rest of the world are happy for China to have an "advantage" so they can afford to buy things............ Until the Chinese currency floats properly on the exchange markets they will continue to have an advantage. They are in a similar position to Germany - who benefit from the Euro - where the weaker european currencies keep the exchange rates low so making the German exports "cheaper". Germany is the only real benefactor of the Euro [/QUOTE]
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