Monday, June 21, 2010

Stronger yuan means more buying power for Chinese, but some US companies could suffer

more images


more images

Winners and losers from a stronger yuan
WASHINGTON � Chinas decision to let its currency rise in value adds buying power to its exploding middle class � a win for American electronics makers, which can sell more computers and iPods to a hungry market.
At the same time, it puts a squeeze on U.S. retailers ... Original source on Gaea Times at : Stronger yuan means more buying power for Chinese, but some US companies could suffer.

Stronger yuan means more buying power for Chinese, but some US companies could suffer is a post from: newsunwrapped.com

http://bit.ly/aqb0HD

No comments:

Post a Comment