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Economic Question

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Kevin and Proficient

Kevin and   10

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Filed: IR-1/CR-1 Visa Country: Vietnam
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With MFG jobs moving out of the US & the USD falling. What would happen if China Released their dollar and let it float with the markets? Seeing how thay have a large growing middle class. Would China become the next economic superpower?

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Dan J Mentor

Dan J   277

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Filed: Lift. Cond. (apr) Country: Indonesia
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With MFG jobs moving out of the US & the USD falling. What would happen if China Released their dollar and let it float with the markets? Seeing how thay have a large growing middle class. Would China become the next economic superpower?

Maybe but they are very dependent on trade with the US. If they were to do anything which would decrease the value of the dollar, it would affect them as well. But its possible in the near future that they would be able to independently support themselves.

keTiiDCjGVo

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