Currency exchange rate can help trade balance, but...

The result of this move is : Many Chinese companies will bankrupt and higher unemployment rate.

 

The workers are poor, and can not consume more in this case.  That will force the government to devalue Yuan.  Then the cycle starts.

所有跟帖： 

• 说的很对！ -如山- ♂ (0 bytes) () 11/24/2011 postreply 15:35:58

• 周期是不以制度,国家,民族和地区而存在的---只是有多惨 -hetero- ♂ (0 bytes) () 11/24/2011 postreply 16:10:44

• 这是一种平衡 -凌长老- ♂ (342 bytes) () 11/24/2011 postreply 16:47:11