[lbo-talk] Wall Street worries about China-bashing

Michael Pollak mpollak at panix.com
Wed Jun 29 18:50:48 PDT 2005



> If U.S. Presses China on Yuan, A Delicate Scale Could Tip

One thing this article leaves out that could also be amusing: if China did revaluate, it would only increase its power to buy Unocals and Maytags. (As well as its incentive, during the period of revaluation, since it our Treasury paper would be a one way losing bet).

Michael



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