27-09-2022, 12:18 PM
(27-09-2022, 11:33 AM)sgbuffett Wrote: The Yuan only perform not so bad only because it is under currency control. Citizens can only take 50K out..
Given China's housing problems and slowing economy if Yuan is floating freely it would be worse than Thai Baht in 1998!
"IF" is afterall, "IF", no matter how big it is!
![Laughing Laughing](https://sgtalk.net/images/smilies/Animated/laughing_s.gif)
BTW, Dr M also did currency control very strictly during Asia financial crisis. What's happened to ringgit?