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On 2007-11-28 13:37:55 -0800, "Darkwing" theducksmail"AT"yahoo.com said:
"Mike Schumann" wrote in message .. . The are going to regret not building these in the US if the $ continues its downward spiral. Mike Schumann The Chinese money (the Yian or something?) is tied to the price of the US dollar so even if the dollar falls the percentage doesn't change. That is actually something that is a matter of contention with other countries at the moment. After much pressure by the United States, as of July 21, 2005 the yuan was no longer directly tied to the dollar, although it is not quite free-floating, either. The yuan has been rising against the dollar of late, although it was down slightly today. -- Waddling Eagle World Famous Flight Instructor |
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