Yu Yongding

Chi­na’s large size, low per capi­ta in­come and cap­i­tal stock im­ply con­tin­ued rapid growth in de­mand for com­modi­ties.

What’s be­hind the sud­den de­pre­ci­a­tion in Chi­na’s cur­ren­cy?

Al­though it has prob­lems, the Chi­nese econ­o­my re­mains fun­da­men­tal­ly healthy.

Chi­na’s econ­o­my seems to be steadi­ly grow­ing; in re­al­i­ty it is ex­treme­ly vul­ner­a­ble to the de­val­u­a­tion of the dol­lar.

Eco­nom­ic hard­ships face Chi­na in the near fu­ture, but their past record of suc­cess seems to es­pouse promis­ing re­sults.

As Chi­na’s cur­ren­cy be­comes more pop­u­lar in­ter­na­tion­al­ly, the coun­try will have less need to hold US dol­lar as­sets.

The largest in­vestor in US debt should have ex­it­ed from US se­cu­ri­ties long ago to avoid se­ri­ous fi­nan­cial back­lash.