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Old 25-10-2008, 02:37 AM
DGFUN DGFUN is offline
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Re: Chinese RMB rates..

Yesterday reported Singapore signed trade pack with PRC to do away with taxes (Free Trade Agreement) etc.. looks like China Beers will become cheaper here. But still way cheaper to drink beer in PRC

Think the possibility that Singapore wants to gain further with exports to PRC. don't thin PRC will bother too much with such a small market like Sillypore to maintain a more competitive FX policy.

Darn, if it hits 4.00 sometime next year, have to put much more though in cheonging in PRC in future every few months. But am such the withdrawal symptoms will be too great to bear especially when i get to know more MM's there and get to know them better from my recent trips. Heck and its only ZH/DG. After my next trip - certain death for me in CP and haven't even ventured to other provinces..... always had a thing for the MM's up North