![]() |
|
Chinese Joss paper Hell money notes Face value 2000000YUAN 5PCS M US $.99
|
Chinese coins 1JIAO 5JIAO 1YUAN 3PCS US $.01
|
|
1960 Chinese BANK 1 Yuan China money 8PC bundle china banknote rmb US $8.50
|
Chinese Dynasty hierro Coin De Ping Yuan Bao US $4.99
|
|
Chinese Dynasty hierro CoinTai Jian Yuan Bao US $4.99
|
Chinese Dynasty hierro CoinJian Min Yuan Bao US $4.99
|
| Add Ebay Auctions to your Website |
Chinese Yaun: The Powder Keg Currency
China has been and still is the fastest growing economy in the world and it doesn't seem to be stopping any time soon. Quoted from Wikipedia, in 2006, the GDP "$2.68 trillion USD. Its per capita GDP in 2005 was approximately US $1709 (US $7204 with PPP), still low by world standards, but rising rapidly. Thanks to exported goods, it has enjoyed a tremendous growth without pause. To compare the enormity of the trades, it has just surpassed Canada as US's biggest importer of good. Find a graph related to this article right on http://www.forexplane.com.
China's exports are expanding and at a menacing rate, especially to high consumption societies such as the United States and European Union. While largely exporting, it has little imports other than oil. Virtually all of the imports in these countries come from China, particularly in textiles and toys. With these export revenues, how does the Yuan value in the market?
For more than a decade, the dollar was pegged at a rate of 8.28 Chinese Yuan for every dollar. While this policy to play an economic advantage, especially keeping low so the exports sold are cheaper than other exporting countries that compete with China, particularly its Asian neighbors. This policy has been the biggest factor in making China the biggest exporter of goods. But under the pressure of the US, it has raised the value of yuan by 2% to a basket of currencies. The basket is comprised of the U.S. dollar, euro, Japanese yen and South Korean won and small portions from the British pound, Thai baht and Russian ruble. Expert estimates that the value of the yuan increase 5% each year compared to US dollars on a quantitative valuation. In total, it is at least 40% lower than its current value. This estimates come calculating the GDP, import/export ratio, public deficits, interest rate, and the future outlook of the economy. It's still not a freely floating currency.
If the yuan is to freely float in the market, the US dollar, and not to mentioned many European countries, would devalue tremendously along with inflation in many countries with large imports from China. This is due to the fact that all the goods will now be 40% (an estimated value taken from above) more expensive on all Chinese imported products. In addition, these countries will see lower purchasing power needed to import necessary goods such as oil. For now, the fixed currency rate is posing a problem to many countries who come to depend on these low cost imports to provide continued consumption that drives domestic economies.
Although, there is a more relaxing policy from China to increase its value steadily, there is no sign that it's ready to float it freely yet. The government doesn't believe it's structurally can handle the abrupt change, such as joblessness. Whether the yuan will float freely will require major adjustments from many governments to prepare for the shock. It will certainly be interesting to watch a country such as China sneezes and see how many others catch a cold. The US would no longer be an economic powerhouse that affect the world economy. More details: http://news.forexplane.com/Articles/Chineseyuan/tabid/136/Default.aspx
Any opinions, news, research, analyses, prices, or other information contained on these articles are provided as general market information and does not constitute investment advice. Forexplane.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
About the Author
Brian Tran is an editor at ForexPlane.com, which is an online community for forex currency traders. Visit
Forexplane.com - connecting currency traders live
The Currency Report - US Dollar, Chinese Yuan - Bloomberg
![]() |
|
Chinese Joss paper Hell money notes Face value 2000000YUAN 5PCS M US $.99
|
Chinese coins 1JIAO 5JIAO 1YUAN 3PCS US $.01
|
|
1960 Chinese BANK 1 Yuan China money 8PC bundle china banknote rmb US $8.50
|
Chinese Dynasty hierro Coin De Ping Yuan Bao US $4.99
|
|
Chinese Dynasty hierro CoinTai Jian Yuan Bao US $4.99
|
Chinese Dynasty hierro CoinJian Min Yuan Bao US $4.99
|
|
BEAUTIFUL CHINESE PROTOTYPE COIN BUST OF YUAN SHIH KAI US $9.99
|
Small Chinese Song Yuan Dynasty Porcelain Box with Moulded Swastika Pattern US $117.87
|
|
Chinese Song Yuan Dynasty Qingbai Glazed Porcelain Jar US $133.59
|
Two Chinese Yuan Dynasty Shufu Porcelain Stem Cup Shards US $70.72
|
|
Rare Chinese Yuan Dynasty Underglazed Jar US $188.59
|
Large Chinese Song Yuan Dynasty Buddhist Inscribed Stone Panel US $345.75
|
|
Fine Chinese Yuan Dynasty Blue White Underglazed Vase US $432.19
|
Large Chinese Jin Yuan Dynasty Cizhou Stoneware Basin Bowl US $1,021.54
|
|
Pendant Coin 24k 999 Gold 1990 Chinese Panda 5 yuan 14k Rope Bezel 25g Charm US $104.38
|
BEIJING Chinese Movie Comic CAO YUAN XIONG YING XF US $26.00
|
|
BEIJING Chinese Comic LIAO YUAN US $11.50
|
2010 1 OZ SILVER PANDA CHINA 10 YN YUAN PROOF LIKE CHINESE COIN 999 FINE US $50.01
|
|
CHINA 1997 Gold 50 yuan Silk Road 3rd edition Faxian NGC PF69UC CHINESE US $23,888.88
|
CHINA 1998 Platinum Lunar Tiger 100 yuan NGC PF69UC Mintage 300 CHINESE US $16,888.00
|
|
CHINA 1997 Platinum Panda 10 yuan PCGS PR69 CHINESE US $23,000.00
|
1993 10 Yuan Proof Chinese Coin Rooster Year 6800 Minted US $249.99
|
|
2012 China 1 Oz 999 Silver PANDA NGC MS69 S10Y 10 Yuan Coin Chinese Brown Label US $59.88
|
CHINA 1993 Platinum Panda 5 yuan NGC PF68UC CHINESE US $2,488.88
|
|
CHINA CHINESE TANG DYNASTY KAI YUAN TB rev 2 Cresents US $3.00
|
CHINA CHINESE SONG DYNASTY SONG YUAN TB rev BIG STAR US $3.00
|
|
CHINA CHINESE TANG DYNASTY KAI YUAN TB rev CHANG US $3.00
|
CHINESE CARVING HETIAN WHITE JADE PENDANTS yuan yang US $4.99
|
|
Chinese Unicorn 10 Yuan silver Coin US $159.00
|
Chinese banknotes 1960 RMB Nominal value 5YUAN 1PCScopy M US $.99
|
|
Chinese banknotes 1965 RMB Nominal value 10YUAN 1PCScopy M US $.99
|
Chinese banknotes 1960 RMB Nominal value 2YUAN 1PCScopy M US $.99
|
|
Chinese banknotes 1960 RMB Nominal value 1YUAN 1PCScopy M US $.99
|
RARE RARE RARE CHINA MANCHUKUO CHINESE BOND LOAN 100000 YUAN 194119421943 US $1,499.00
|
|
Chinese Song Dy PeriodXuan He Yuan BaoBronze Coin US $8.90
|
Chinese The End Of the Yuan Dy Rebel Found BronzeTian You Tong BaoCoin US $8.99
|
|
Chinese Tang Dy 758sQian Yuan Zhong BaoBronze Coin US $9.90
|
Chinese Yuan Dy PeriodLong Feng Tong BaoBronze Coin US $8.90
|
|
1940 ROC banknotes Face value 10YUAN 1PCS Chinese banknotes US $6.99
|
1945 ROC banknotes Face value 1000YUAN 1PCS Chinese banknotes US $6.99
|
|
Chinese Bronze CoinJING KUANG YUAN BAO US $9.99
|
Chinese Bronze Coin QIAN TONG YUAN BAO US $9.99
|
|
Chinese Bronze Coin ZHU GUO YUAN BAO25MM US $9.99
|
Chinese Bronze Coin Yuan Zhen Tong Bao24MM US $9.99
|
|
Chinese Bronze Coin Guang Ding Yuan Bao255MM US $9.99
|
Chinese Dynasty Bronze CoinChong Qing Yuan Bao US $5.99
|
|
1935 One Yuan Shanghai Bank Of China Chinese Bank Note US $4.00
|
1945 Fifty 50 Yuan DrSun Yat Sen Bank Of China Chinese Bank Note US $4.00
|
|
1934 China Chinese Junk Boat Silver Large One 1 Yuan Coin Rare US $5.00
|
LOT of 5 CHINESE COINS YUAN SHIH KAI FAT MAN 7 MACE 2 CANDAREENS 3 EMPEROR US $10.00
|
|
CHINA 1994 GOLD 50 YUAN INVENTION DISCOVERY WATER PUMPS CHINESE COIN US $3,799.00
|
Chinese Yuan dynasty Jun ware bowl US $.99
|
|
CHINESE Green JADE PENDANT Dragon Pi Xiu Yuan Bao 913503 US $.99
|
2012 China 1 Oz 999 Silver PANDA NGC MS70 S10Y 10 Yuan Coin Chinese Brown Label US $99.88
|
|
CHINESE Green JADE PENDANT Pair Dragon Pi xiu Coin Yuan Bao 917160 US $.99
|
Ancient Chinese manchuria central bank air defense bond fund 10yuan money C16 US $.99
|
|
Chinese Hundred Bill 100 Yuan US $30.00
|
A scarce Chinese provencial earthenware Ginger Jar in the Yuan period style US $23.57
|
|
2007 China PANDA NGC MS69 S10Y 999 Silver Coin 10 Yuan 1 Oz Chinese Brown Label US $89.88
|
1987 China Panda 5 Five Yuan 1 20 oz Twentieth Ounce 999 Gold Coin Chinese US $84.00
|
|
2004 Chinese 1 OZ Gold Panda 500 Yuan in Original Plastic US $1,825.00
|
Chinese Yuan Dy Period Carved He Tong Lu Gui Bronze Coin US $9.99
|
|
Chinese Yuan Dy Period CarvedJin Yu Man Tang Bronze Coin US $9.99
|
Valuable Chinese“yuan yue jing xian guo”Silver Bullion 仙 US $8.99
|
|
Rare Chinese Chu Lu Hsien Glazed Vase Yuan Dynasty Circa 1279 1368 AD China US $37.90
|
Yuan Dynasty Mongolia Minority Chinese Bronze Coin 伊顺 US $9.99
|
|
Yuan Dynasty Mongolia Minority Chinese Coin 通 US $9.99
|
Old Chinese“zhuang yuan zhu shou”Silver Bullion US $.99
|
|
THE SONGS OF THE SOUTH ANTHOLOGY OF ANCIENT CHINESE POEMS BY QU YUAN US $.99
|
Rare 1921 CHINA Chinese Italian Banking Corp 1 Yuan PMG 65EPQ P S253r US $24.50
|
|
Rare 1921 CHINA Chinese Italian Banking Corp 5 Yuan PMG 64 P S254r US $14.50
|
Yuan Dynasty Bronze Coin Chinese Ancient Currency 通\24mm US $6.99
|
|
Chinese Bronze Coin JIA TONG YUAN BAO46MM US $.99
|
2005 Chinese Silver Panda 10 Yuan Coin US $60.00
|
|
Unusual Antique Chinese Song Yuan Jian Yaozhou Greenware Stoneware Bowl Or Cup US $2.67
|
Antique Chinese Song Yuan Ding Type Whiteware Qingbai Shufu Two Phoenix Bowl US $2.67
|
|
CHINESE BANKNOTE 100 YUAN CHUNKING 1940s US $1.63
|
Ancient Chinese Yuan Dynasty Horse Zodiac 1300 AD US $35.00
|
|
1998 China Gold Panda 25 Yuan 1 4 oz Small Date NGC MS 69 Chinese US $2,500.00
|
Chinese Yuan Dynasty Bronze coins ZHI DA TONG BAO 27MM US $5.00
|
|
Chinese Song Dynasty Bronze coins KANG DING YUAN BAO 27MM US $6.00
|
Ancient Chinese Yuan Dynasty Mongolian text coinsDA YUAN TONG BAO 40MM4MM US $8.99
|
|
Chinese Qing Dynasty coins XIAN FENG YUAN BAOBAO QUAN DANG 1000 61MM5MM US $9.99
|
Imperial Chinese Yuan Porcelain Cobalt Red Fish 15 Plate Forbiden City US $3,599.00
|
|
Chinese Yuan Dy Period Bronze Carving Man Exercise Pendant US $9.99
|
Chinese Liao Dy PeriodTian Qing Yuan BaoBronze Coin US $8.90
|
|
Chinese Song Dy PeriodChun Xi Yuan BaoBronze Coin US $9.80
|
114gSilver Yuan Dynasty Mongolia Minority Chinese Coin US $39.99
|
|
293gSilver Yuan Dynasty Mongolia Minority Chinese Coin US $99.99
|
Old Chinese“yuan yue jing xian guo”Silver Bullion 仙 US $.99
|
|
Yuan Dynasty Mongolia Minority Chinese Bronze Coin 龙通 US $9.99
|
Yuan Dynasty Mongolia Minority Chinese Coin 通 US $9.99
|
|
Yuan Dynasty Mongolia Minority Chinese Coin 重 US $9.99
|
Ancient Chinese Tang Dynasty Coin Kai Yuan Tong Bao US $2.40
|
|
China 1 Yuan Banknote Free Shipping Lot of One 1 Unc Chinese Paper Note w Mao US $1.99
|
Chinese Bronze CoinYUAN DEI TONG BAO 35mm US $4.99
|
|
Chinese Bronze CoinYUAN ZHEN TONG BAO 37mm US $4.99
|
| Add Ebay Auctions to your Website |

US $.99
Leave a Reply