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Tag Archives: housing

The great depression of China’s economic began

22-Aug-08

Heatherm Huang / Raffles Design Institute, Shanghai / Aug 11, 2008
 
 
 
1, the imminent collapse of the RMB
 
RMB keep appreciating since 2006, the exchange rate stood at 1 US dollar = 6.7 RMB Yuan this month. As we know, the rate has kept stand at 1 US dollar = 8.2 RMB Yuan constancy for few years.
 
Are [...]