Saturday, May 7, 2011

its better for China to open its currency market

Jim Rogers   “I think it’s better for China (NYSE:FXI) to open its currency market as soon as possible. This is not 1981; this is 2011. China is a strong and independent country now, and they don’t have to worry about the currency. It would be good for China and the 1.3 billion Chinese. Everything China imports will go down in price. You have to have a convertible currency to have a strong international economy.” - in China Digital
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