If Soro's prediction is not incorrect,it would be another debate for foreign exchange rate between US$ and Chinese Yuan. Washington Post published on April 18, 2008 page D7: Soros' warning that investors are instead fleeing currencies to put their money into real assets. What would be the decision of central bank in China? As of now,US$s are pouring into China for investment as CCTV reported.
Chinese peoperty tycoons will visit Taiwan next week in what could bring the first wave of mainland investment to the island since civil war split China into two in 1949.
My comment: It is the economy-savvy deal in the days to come to reduce tension in the Taiwan Strait as advocated by the President-elect Ma. The agricultural products from Taiwan are exporting to China to boost Taiwan's economy. A win-win deal.
Google profit jumps 30% despite slowing economy in USA. Reason: Crediting overseas growth including in China.
Francis Shieh, a watcher of Sino-American Economics in action everyday. April 18, 2008 at 10.40 a.m.
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