View Poll Results: Should China be able to peg the value of the Yuan

Voters
25. This poll is closed
  • Yes, they have every right to make their goods appear cheaper by any means necessary

    6 24.00%
  • Yes, because their economy is still fledgling, but they should move towards a free currency

    2 8.00%
  • Gah!

    6 24.00%
  • No, they should be forced to follow the same market forces as everyone else

    11 44.00%
  • No, but speculation dangerous. China should be granted protections before freeing it's currency.

    5 20.00%
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Thread: The Yuan vs. the Dollar

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  1. #1
    Jillian & Allison's Daddy Senior Member Don Corleone's Avatar
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    Default The Yuan vs. the Dollar

    I thought earlier this year, PRC officials had agreed to peg the Yuan to an average of the Euro, the dollar and one other currency.

    Anyway, what do you guys think about this?
    China resisting efforts to free currency
    Should China be free to artifically set the value of it's currency in the currency exchange market?
    Last edited by Don Corleone; 05-17-2005 at 22:25.
    "A man who doesn't spend time with his family can never be a real man."
    Don Vito Corleone: The Godfather, Part 1.

    "Then wait for them and swear to God in heaven that if they spew that bull to you or your family again you will cave there heads in with a sledgehammer"
    Strike for the South

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