China's currency is taking over.

[thaibu 0]

Well, China Yuan has been gaining much strength since it was de-pegged to the US$.

Before the Yuan (Chinese Dollar) was at 8.12 to $1US today its 7.76 to the $1US

Hong Kong had largely been valued more than the Yuan, HKD is about 7.79 to $1US

Macau is only but slightly less than the HKD. Hencewise the Japan Yen has been loosing ground to the major currencies now at 122 JPY to $1US

China Yuan is about at neck with the GBP

I don't know if there are any capital investors here on VJ. but recently I sold off my interest in asia companies because too shaky and will now just focus on the currency in China. Even with double digit YOY growth in China economy, the scary part is what goes up fast usually (in Americas case) falls even faster.