Monday, December 08, 2008

Expect increasing tension from China around trade

this is just an early sign

there will be plenty more of this sort of thing - relating to everything from the exchange value of the chinese yuan to explicitly protectionist measures

the more of this we see, the greater the chances of conflict

the other thing to watch is the rate at which China's foreign exchange reserves are being used up - $2 Trillion sounds like a lot, till you focus on the fact that it is for a nation of 1.6 billion people. Sphere: Related Content

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