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This is a simple math question. The Chinese economy is growing off of their surplus of exports. They sell their products cheaply because of the weak (in relation to the market) currency. By raising the value of the artificially depressed currency they would make their products more expensive to their customers, the US consumer. This policy makes the products more affordable while creating manufacturing in their country.
perhaps easier China is supply and demand based
US has advanced to a fear and greed economy through more advanced lawmaking
perhaps a PAC can explain this better
also the us has devalued their currency by spending 400% more on insurance than on health care
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What country gives best exchange to the dollar?
China
What is Chinese in exchange for American money?
China uses the yuan. About 7 yuan equal 1 US dollar. -glavanway
Is China mixed economy?
Yes, China has a mixed economy. If you don't know, this means that its economy consists of a combination of a market economy, in which there is free exchange of goods in a private market, and a planned economy that is totally controlled by a governmental entity.
Did the US sign over US Public lands for collateral to China?
No. What China buys US debt in exchange for both US Bonds and US Dollar currency. They use the latter to create a fixed RMB to USD peg and the former is the debt that they continue to hold.
How much renminbi is equal to 1 us dollar?
According to the currency exchange rates for November 19, 2009:1 US Dollar (USD) = 6.83 China Yuan Renminbi (CNY)
Why do you think a country would be reluctant to admit that it has nuclear weapons?
china
Where can I find the money exchange rate for China?
http://wwp.greenwichmeantime.com/time-zone/Asia/china/currency-china/index.htm offers a money exchange calculator where you plug in how much you want to exchange.
What problem made China reluctant to improve relations the US?
American support for Taiwan
What problem made China reluctant to improve relations with the US?
American support for Taiwan made China reluctant to improve relations with the US. The Vietnam War
What problem made china reluctant to open realitions with the unated states?
the Chinese were allied with the north vietnamese
What problem made china reluctant to improve with the united States?
American support for Taiwan The Vietnam War
What is the country immediately north of Vietnam?
china
What is the name of the stock market in China?
The name of the Chinese stock exchange is the Shanghai Stock Exchange.
What country gives best exchange to the dollar?
China
What is China's stock symbols?
The main stock exchange in China is the Shanghai Stock Exchange, with the stock symbol "SH". Another major exchange is the Shenzhen Stock Exchange, with the stock symbol "SZ". These symbols are typically followed by numeric codes specific to individual companies.
Are Armani exchange sunglassesses made in china fake?
Yes
Which country has largest stock of foreign exchange reserves in the world?
China's foreign exchange reserves is $2.13 trillion
