http://www.stillgoingnative.com/2010/02/27/rmb-revaluation/ Tue, 18 Oct 2011 16:08:45 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.stillgoingnative.com/2010/02/27/rmb-revaluation/comment-page-1/#comment-2692 stillgoingnative » anti- anti-china tariffs Thu, 18 Mar 2010 07:18:54 +0000 http://www.stillgoingnative.com/?p=3365#comment-2692 [...] Domestic Chinese exporters don’t have a leg to stand on for a weak Rmb peg, at present. That doesn’t mean they aren’t lobbying for it, though. To the extent they will be able to sell an us vs. them narrative, anti-China sanctions will only provide more ammunition to make the case for more domestic subsidies, be they explicit (tax breaks) or implicit (currency). [...] [...] Domestic Chinese exporters don’t have a leg to stand on for a weak Rmb peg, at present. That doesn’t mean they aren’t lobbying for it, though. To the extent they will be able to sell an us vs. them narrative, anti-China sanctions will only provide more ammunition to make the case for more domestic subsidies, be they explicit (tax breaks) or implicit (currency). [...]

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