Comments on: Strong China trade points to more pressure on yuan http://blogs.reuters.com/breakingviews/2010/10/13/strong-china-trade-points-to-more-pressure-on-yuan/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: mgunn http://blogs.reuters.com/breakingviews/2010/10/13/strong-china-trade-points-to-more-pressure-on-yuan/comment-page-1/#comment-4218 Sun, 17 Oct 2010 19:33:20 +0000 http://blogs.reuters.com/columns/?p=4318#comment-4218 The focus on china is disproportionate. They make for an easy target for scapegoating when the trade imbalance is due to dollar dominance which we designed & promoted. Note the overall trade imbalance of the US at the bottom of the table:

http://en.wikipedia.org/wiki/File:Cumula tive_Current_Account_Balance_per_capita. png

Japan may still currently hold the highest cumulative current account surplus. Note though that the per capita highest are OPEC countries. And they have the highest per capita. Note also a combined Europe (even then with only 1/3 the population of china) has a very high CCAS. Even if china eventually has the highest CCAS by country, it’s per capita is very low.

Focus should be on evening out CCAS by a per capita basis, not by country, hence OPEC countries and Europe need to spend more, not the chinese who are still very poor. And us in America need to spend far less.

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By: Jeanmichel http://blogs.reuters.com/breakingviews/2010/10/13/strong-china-trade-points-to-more-pressure-on-yuan/comment-page-1/#comment-4151 Thu, 14 Oct 2010 10:48:53 +0000 http://blogs.reuters.com/columns/?p=4318#comment-4151 The Us is manipulating its currency. Over the last week it has depreciated by about 5%.

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By: wandererc http://blogs.reuters.com/breakingviews/2010/10/13/strong-china-trade-points-to-more-pressure-on-yuan/comment-page-1/#comment-4149 Thu, 14 Oct 2010 08:23:35 +0000 http://blogs.reuters.com/columns/?p=4318#comment-4149 i think the most influnce of strong RMB is to China’s exporters.To us ordinary people,we have nothing felling about this.

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