from The American Heritage® Dictionary of the English Language, 4th Edition
- A Chinese dynasty (1279-1368) established by the Mongolian ruler Kublai Khan at Peking (Beijing). It was superseded by the Ming dynasty.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- proper n. The imperial dynasty of China from 1279 to 1368.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. the basic unit of money in China
- n. the imperial dynasty of China from 1279 to 1368
Chinese metal holders would need to start thinking in terms of whether they could pay fewer Yuan at future date for the same amount of metal, which isn't an issue with the Yuan-$ rate essentially fixed as it is now.
Also the Chinese Government unfair manipulation of the Yuan is also negatively affecting the entire European economy.
Compelling a revaluation of the Yuan is the first step in stopping that bad habit.
This week these emerging economies began to gang up against China as its artificially low Yuan is going to force them to have to competitively devalue their currencies and impose damaging protectionist measures.
Although it remains a minor event in history books in Britain and France, the destruction of the Yuanming Yuan is described in Chinese history texts as a key event in the country's "100 years of humiliation," and a cautionary tale of what can befall China if it bows to Western influence.
Once an imperial garden, today Yuanming Yuan is open to the public as a parkThe Yuanming Yuan is now a park visited by thousands of Chinese each year.
These days, the Yuanming Yuan is growing in popularity.
The Yuan is restricted in circulation, but there is enough out there probably to make an impact.
When you read stories that the Yuan is "overvalued by 40%", or whatever, how is that "overvalue" determined?
Beyond that are our politicians aware that if indeed Yuan is let free on capital account, it will actually go down against Dollar as Chinese will flock to Dollar and other currencies?