- Forum: General Discussion
Their yuan is not pegged to any currency. The yuan has appreciated 25% in the past few years. If the yuan goes up more, that will only mean they can buy more oil and natural resources more cheaply, thereby increasing their competitiveness.What do you mean by their yuan is 1/7 of the value of the dollar? The Japanese yen is 1/80 the value of the dollar, and so what?The US is manipulating its currency by printing lots of money, should the US be kicked out of the WTO?