any movement in the yuan will be gradual, and economists think it will be especially cautious while the status of the global economy remains uncertain. Analysts generally expect a rise of 2% to 5% against the dollar over the next year.
But over time, a stronger yuan will effectively increase the purchasing power of Chinese buyers, helping consumer-focused companies such as beverage giant Coca-Cola Co., car maker General Motors Co., and cellphone seller Motorola Inc. It could also be a boon to companies that feed China's industrial demand, such as construction-equipment makers Caterpillar Inc. and Komatsu Ltd., and mining companies BHP Billiton and Rio Tinto.
China already has become a pivotal market for many multinational companies. It is the world's largest for cars, cellphones, beer and iron ore. China accounted for 16.6% of chip maker Intel Corp.'s revenue in the year ended Dec. 26, up from 13.8% two years earlier.
Seeking Female
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Gender | Male | |
Age | 58 | |
Location | UK, England: Essex, Colchester | |
π Sexuality | Straight | |
π Ethnicity | White / Caucasian | |
π¬ Smoke | No | |
π· Drink | Sometimes | |
π Drugs | No | |
π‘οΈ Safe Sex | Sometimes | |
π Height | 5ft 10in (178 cm) | |
β Body Type | Athletic | |
π± Hair Colour | Blonde | |
𦡠Body hair | Trimmed |