Possible outcomes of 10% revaluation of Chinese Yuan .1. It...

  1. zwu
    2,452 Posts.
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    Possible outcomes of 10% revaluation of Chinese Yuan .

    1. It dampens the Chinese high export growth rate from 36% pa currently to a more sustainable ~20%.

    2. China will buy more raw materials, minerals and energy abroad. This will greatly benefit Australia, especially the resources, energy and rural sectors. Australia will increase its trading surplus with China.

    3. The Australia $$ will go up with the Yuan against the US $$, probably reaching US$0.80 .


 
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