The China syndrome (ZZ)--any comment?# Economics - 经济
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The China syndrome
The answer to the global deflation threat may lie in a stronger Chinese
currency.
May 30, 2003: 1:03 PM EDT
By Justin Lahart, CNN/Money Senior Writer
NEW YORK (CNN/Money) - When it comes to what may be the world's biggest
deflationary threat -- China's insistence on pegging its currency, the yuan,
to the dollar -- the policy of U.S. and other world leaders has so far been
strictly hands-off. This may not be the case for long.
China has kept the yuan (its official name is the r
The answer to the global deflation threat may lie in a stronger Chinese
currency.
May 30, 2003: 1:03 PM EDT
By Justin Lahart, CNN/Money Senior Writer
NEW YORK (CNN/Money) - When it comes to what may be the world's biggest
deflationary threat -- China's insistence on pegging its currency, the yuan,
to the dollar -- the policy of U.S. and other world leaders has so far been
strictly hands-off. This may not be the case for long.
China has kept the yuan (its official name is the r