Page 1 of 4 1234 LastLast
Results 1 to 10 of 36

Thread: China Currency!

  1. #1
    CGN Ultra frequent flyer
    Join Date
    Apr 2011
    Location
    Nova Scotia
    Posts
    7,019

    China Currency!

    China just devalued their currency, which means things should be cheaper to buy from them, hopefully Canam will make them sharpen their pencils and give us great deals, with their economy shrinking a bit maybe they will even release some more sks from their extensive warehouses!

    " Those who hammer their swords into plowshares, will Plow for those who do not".

  2. #2
    CGN frequent flyer Dyspnea's Avatar
    Join Date
    Oct 2011
    Location
    Alberta
    Posts
    1,531
    A lot of international trade is done in usd, so chine devaluating their currency may have no effect.
    I love the smell of cosmoline in the morning

  3. #3
    CGN Ultra frequent flyer
    Join Date
    May 2014
    Location
    B.C
    Posts
    2,153
    maybe T97's

  4. #4
    CGN frequent flyer rtracer13's Avatar
    Join Date
    Sep 2009
    Location
    Powell River, BC
    Posts
    1,074
    $300 T97s, now we're talking

  5. #5
    CGN Ultra frequent flyer Phat Eagle's Avatar
    Join Date
    Oct 2012
    Location
    Fraser Valley, BC
    Posts
    7,567
    That's why they deal externally in US$... From what I've been told no relief is in sight.

  6. #6
    CGN Ultra frequent flyer
    Join Date
    May 2014
    Location
    B.C
    Posts
    2,153
    Quote Originally Posted by rtracer13 View Post
    $300 T97s, now we're talking
    lol, one can dream...

  7. #7
    Expired Business
    Join Date
    Mar 2004
    Posts
    5,342
    Quote Originally Posted by bobdbldr View Post
    China just devalued their currency, which means things should be cheaper to buy from them, hopefully Canam will make them sharpen their pencils and give us great deals, with their economy shrinking a bit maybe they will even release some more sks from their extensive warehouses!
    How will this have any bearing on foreign trade ?? Everything is sold in US dollars??

    John

  8. #8
    CGN Regular fireguy's Avatar
    Join Date
    Apr 2004
    Location
    Niagara Region
    Posts
    237
    The devaluation was 2%, so I don't think we'll see anything more than 2% (if anything, considering how far our dollar has tanked this year )

  9. #9
    CGN Regular
    Join Date
    May 2015
    Posts
    202
    Currency wars, coming to a nation near you!

  10. #10
    CGN frequent flyer 1-trident-1's Avatar
    Join Date
    Jul 2014
    Location
    niagara
    Posts
    1,787
    Quote Originally Posted by bobdbldr View Post
    China just devalued their currency, which means things should be cheaper to buy from them, hopefully Canam will make them sharpen their pencils and give us great deals, with their economy shrinking a bit maybe they will even release some more sks from their extensive warehouses!
    is a 2% currency reduction even worthy of a post ??????

Page 1 of 4 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •