14-12-18 0 Hits

From the point of view of a  Fibo Quantum Review potential investor there may be little enticement to buy Chinese equities after a RMB revaluation upwards. Most companies in China are dependent on exports and a currency revaluation makes them less competitive and less profitable. The only other possible proxy for a currency revaluation is buying industrial commodities like copper China is the world's single largest consumer of copper. All commodities are priced in USD and if the RMB were reevaluated 10% upwards then Chinese consumers would see a 10% discount in prices. If Chinese companies are letting inventories drop in anticipation of buying cheaper after a revaluation there is no proof of this by the way then industrial commodities have the best chance of gaining from a currency revaluation.


Report this ad