F'man,
on PS: agree on 200 years; but lets not forget US history is "just' few hundred years while Asia has thousands of years of history with many ups & downs. IMO, it's not going to be just a blip of 200 yrs, it'll probably be a war of survival :)
Yes, its US rhetoric to evaluate RMB in open market terms (china is intensely keeping it low valued to boost their exports and grow their economy). US’ business interests are suffering from this.
India may have disparity benefits with dollar but not with Chinese; they too have business losses (Indian market is flooded with cheap Chinese goods killing Indian entrepreneurs).
F'man,
on PS: agree on 200 years; but lets not forget US history is "just' few hundred years while Asia has thousands of years of history with many ups & downs. IMO, it's not going to be just a blip of 200 yrs, it'll probably be a war of survival :)
Yes, its US rhetoric to evaluate RMB in open market terms (china is intensely keeping it low valued to boost their exports and grow their economy). US’ business interests are suffering from this.
India may have disparity benefits with dollar but not with Chinese; they too have business losses (Indian market is flooded with cheap Chinese goods killing Indian entrepreneurs).