China’s currency the Yuan broke through 7.2 against the US dollar
the yuan broke through 7.3 Jan 1, 2008 and past 7.4 Nov 25, 2007.
Chinese yuan at 7.196 to the USD on Jan 28, 2008
With more US interest rate cuts it seems likely that this pace of appreciation will continue for several more months.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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