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Posts by "qingyu"
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55 Posts by Anonymous "qingyu":
some different points of view of china.
one of my friend remind me today, he said, "most nature resource export countries have government by a dictator, and chinese nature resource is not rare earth but cheap labour"
also another friend said that "inflation is good for china, because it is only affect rich people, poor labour workers can not be any worse."
today cnyusd slip 618 points to 6.6512, so this is what pboc going to do, yield before qe.
also, soros said china should appreciate 10% per year.
honestly, they can not do any better. and i think us may happy with that.
i am a damn lazy bear...i alway envy you trade so calm...