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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
                Buy me for €20 / Translation €30 / Subscription welcomed – mgaertner@shaw.ca                   GAPA NEWS

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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 Buy me for €20 / Translation €30 / Subscription welcomed – mgaertner@shaw.ca GAPA NEWS