Falcon Invoice Discounting: Empowering Your Business Growth
Econchart yuanstandoff 17032010
1. China remains firm in the
Renminbi-standoff
Momentum building in Washington to declare Beijing a currency manipulator
US Trade Balance in
Pressure on the Yuan is Mounting with China billion USD
8.04 2000 -83.8
8.0 7.98 Source: www.x-rates.com
7.8 7.86 2001 -83.1
7.74
2002 -103.1
7.6 7.55
2003 -124.1
7.4 7.42 2004 -162.3
July 2008
7.2 2005 -202.3
7.07 2006 -234.1
7.0
Chinese Yuans 2007 -258.5
6.8 to 1 USD 6.83 6.83 6.83 6.83 6.82 6.82
2008 -268.0
March 2006 to March 2010 – 4 month intervalls 2009 -226.8
March. 16, 2010
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