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GorillaGorilla

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GorillaGorilla

Re: BiotechValues post# 10113

Monday, 11/09/2009 8:49:19 AM

Monday, November 09, 2009 8:49:19 AM

Post# of 94785
Hi CSP, "China's yuan continues to strengthen" to my knowledge yuan is pegged / fixed to dollar... they trade together.

While the Chinese gov my come under pressure they haven't relented on this matter to my knowledge and don't look like they will in the immediate future.

Changing valuation between yuan and dollar is a possible upside in the mid to long term.

I'm sure your aware of this but making the point crystal clear to all readers.

rich
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