Thread: What if China goes to the Euro????
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Old December 27th, 2007, 04:03 PM   #31 (permalink)
MadameX
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Quote:
Originally Posted by DBlack View Post
It's real simpe:

More consumers spending the same currency means more buying power for them. Buying power means your dollar is stronger. If my dollar is stronger, I can buy technology and improvements I cannot afford to engineer from scratch. That translates into other powers.
Exactly. Rather or not, China adapts to Euro will depend on the amount of trade with EU.
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