Should China consider Renminbi Revaluation?

Great analysis on China? Why don't you analyze JPY, Olivier Desbarres ? Wait a minute, Japan is in different league other than China. What I see is you consider China, Korea, Russia, SA in a group of 3rd World economy?

So why do you so worry about China when you put it into 3rd world category, Olivier Desbarres ?

Why US and Japan so worry about China economy, Olivier Desbarres?

When Euro devalues, JPY devalues, even USD, GBP devalues nobody worries. But when Renminbi Yuan devalues, you so worry, right, Olivier Desbarres ?

The chinese people are very quick and calculative in that if their money is weak they will invite foreign investors to set up joint venture within China and when the business took off they will collude with the local officials to create all sorts of problems so that the business will eventually falls into their hands. But when their currency strengthen they will go out of their country to buy whatever they can lay their money on and the local will be left with not much to buy for themselves and the whole social structure of that country will suffer. The problem is there are just too many chinese on this planet and they have recently acquired a new locust mindset where they come they see and they devoured. Everythings including the street signs lol. In summary its always between the devil and the deep blue sea as far as China is concerned...Every actions has its downside...unless if they cut themselves off from this world. This dragon has awaken and the world has to learn to deal with it despite them wreaking havoc everywhere.

Dear FRX Trader,

I am slightly confused at the questions you are posing.

For a start, nowhere do I consider China a third world country. I classify it as an emerging market, as per the IMF and World Bank classification.

Second, i don't know if the US and Japan "worry" about China's economy or its currency (you would have to ask the US and Japanese governments). But given that China is the world's second largest economy, I assume that Chinese economic developments matter to many.

Nowhere do I indicate that I "worry" about a CNY devaluation. I merely argue that a stable or stronger currency may be more appropriate than a weaker currency.