A weaker renminbi makes Chinese exports more appealing because they cost less. China Central bank monetary policy of weakening its currency signals slower growth in their economy. In 2012, US trade deficit is $295 billion. Why are Chinese investors taking their money out of China? The Chinese government is guiding the renminbi lower at the same time “net outflow of capital” is according. The Chinese real estate bubble is deflating. China is exporting more high tech and communication equipment. The renminbi rose 5.5 percent against the euro decreasing exports to Europe. [Learn More ...]

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