Researching who might be most hit by the PBOC devaluation, focusing on which sectors U.S. exports to China are the biggest:
1. Soybeans.
2. Civilian aircraft.
3. Passenger vehicles.
4. Electronic integrated circuits.
5. Copper waste and scrap.
6. Telecomm equipment.
7. Aluminum waste and scrap.
8. Cotton.
9. Paperboard waste and scrap.
10. Medical/surgical/dental instruments.
http://www.chinabusinessreview.com/t...rease-in-2013/ These are 2013 figures, but it's just to give an idea of what to potentially focus on.
With aircraft, a lot of orders are likely to be the in hopper already, but U.S. auto manufacturers could take a hit ... . That being said, a 2.0% devaluation really isn't that significant on a car, but on a $320 million 777?
1. Soybeans.
2. Civilian aircraft.
3. Passenger vehicles.
4. Electronic integrated circuits.
5. Copper waste and scrap.
6. Telecomm equipment.
7. Aluminum waste and scrap.
8. Cotton.
9. Paperboard waste and scrap.
10. Medical/surgical/dental instruments.
http://www.chinabusinessreview.com/t...rease-in-2013/ These are 2013 figures, but it's just to give an idea of what to potentially focus on.
With aircraft, a lot of orders are likely to be the in hopper already, but U.S. auto manufacturers could take a hit ... . That being said, a 2.0% devaluation really isn't that significant on a car, but on a $320 million 777?
Fireworks are fun ... as long as you don't blow your fingers off.