Comments on: When will China let its currency appreciate? The U.S. says by summer, please http://jubakpicks.com/2009/11/19/when-will-china-let-its-currency-appreciate-the-u-s-says-by-summer-please/ Tue, 22 May 2012 22:19:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: DJBarber http://jubakpicks.com/2009/11/19/when-will-china-let-its-currency-appreciate-the-u-s-says-by-summer-please/comment-page-1/#comment-1884 DJBarber Fri, 20 Nov 2009 01:49:38 +0000 http://jubakpicks.com/?p=2239#comment-1884 Mr. Jubak, You say "When Beijing comes to believe in numbers like those in the OECD forecast, it will loosen the dollar-renminbi peg. Not before." Bill Gross says "Nov. 20 (Bloomberg) -- Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said Chinese growth is likely to be hurt by an absence of consumer demand from trading partners such as the U.S. “The Chinese, I suspect, will have a bubble of their own to confront,” Gross said in a Bloomberg Television interview yesterday from Pimco’s headquarters in Newport Beach, California. “It’s gearing up for export that doesn’t find an end consumer, that’s the real problem in China.” Leads me to wonder if this is the start of the realization that the economy just isnt where everbody has been talking it up to.. (Though the port of Los Angeles has posted better then expected container delivery, "mostly from China" Maybe gearing up for a hopefull christmas?) Mr. Jubak,

You say “When Beijing comes to believe in numbers like those in the OECD forecast, it will loosen the dollar-renminbi peg. Not before.”

Bill Gross says
“Nov. 20 (Bloomberg) — Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said Chinese growth is likely to be hurt by an absence of consumer demand from trading partners such as the U.S.

“The Chinese, I suspect, will have a bubble of their own to confront,” Gross said in a Bloomberg Television interview yesterday from Pimco’s headquarters in Newport Beach, California. “It’s gearing up for export that doesn’t find an end consumer, that’s the real problem in China.”

Leads me to wonder if this is the start of the realization that the economy just isnt where everbody has been talking it up to..

(Though the port of Los Angeles has posted better then expected container delivery, “mostly from China” Maybe gearing up for a hopefull christmas?)

]]> By: pk3hi http://jubakpicks.com/2009/11/19/when-will-china-let-its-currency-appreciate-the-u-s-says-by-summer-please/comment-page-1/#comment-1880 pk3hi Thu, 19 Nov 2009 19:59:18 +0000 http://jubakpicks.com/?p=2239#comment-1880 Hi Jim, When will you be adding (if at all) either shares of China based companies or ETFs to your Jubak Picks portfolio? and if you don't mind me asking, what China plays do you have or plan to add to your personal portfolio and when? Hi Jim,
When will you be adding (if at all) either shares of China based companies or ETFs to your Jubak Picks portfolio? and if you don’t mind me asking, what China plays do you have or plan to add to your personal portfolio and when?

]]> By: Amos http://jubakpicks.com/2009/11/19/when-will-china-let-its-currency-appreciate-the-u-s-says-by-summer-please/comment-page-1/#comment-1879 Amos Thu, 19 Nov 2009 19:41:04 +0000 http://jubakpicks.com/?p=2239#comment-1879 The thing I always wonder about is don't you think our administration knows China will avoid the appearance of complying with US demands? So by giving a date, do you think the US is hoping China will move sooner to avoid the appearance of complying with US wishes? The thing I always wonder about is don’t you think our administration knows China will avoid the appearance of complying with US demands? So by giving a date, do you think the US is hoping China will move sooner to avoid the appearance of complying with US wishes?

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