jump to navigation

Attack Japan where it hurts the most September 23, 2010

Posted by hslu in China.
Tags: , , , , ,
trackback

China should continue buying Japanese treasuries in order
to push up Japanes Yen on the currency market if Japan doesn’t give in on Diaoyutai Island. Diaoyutai Island belongs to China.

China should agressively purchase Japanese Bonds and force Japanese government to defend the yen from making new highs against American dollar.

It allows Chinese government to diversy its foreign currency reserves and make Japanese products less competitive on the world market. Once Japanese government is forced to defend it’s currency, it gives Chinese government a perfect reason to defend it’s currency: Renminbi.

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: