My China Star

This, although is the fear to be affected by the North American crisis or because during their elections the candidates promise to lift the tariffs for the Chinese imports. The year of the rat will be one where Peking obtains advances in its diplomacy (in Africa, for example, they are becoming the respected power more) but than also shocks between the two Chinese are stimulated. Soon after beginning the year of the rat prime minister Wen Jiabao its second quinquennium in Peking will begin. At the same time in Taiwan there will be elections. In that island the Divided governor Democratic Progressive comes campaigning so that in the presidential elections of the 22 of March referendo is realised about the status of Formosa. Bureaucracy wants that Taiwan asks to return to the UN with that name and wants to take advantage the Olympic Games because it knows that Peking would not dare to alienate to the world in that occasion to attack to them. However, the opposition is against to any movement for separating of continental China. These elections, meanwhile, are warming up the head of several leaders of Peking, who are prepared to use the force if Taiwan resigns to being part of its nation.

For the Communist Party of China this one is a little while in which they try to show the world the strength of his model. However, the Olympic Games also will be an opportunity so that the organisms of human rights and the nationalists (as those of Tibet) redouble their denunciations. The great growth of the Chinese economy comes causing that decreases the great majority of farmers and who extend the layers of industrial workers, middle-class and rich industralists. This, in the long run, threatens generating new pressures: or to go in a direction economic and political pro-liberalization like by its counterpart that it looks for to retake egalitarian and socializantes principles . The one of the rat will be a year in which China shows the world that becomes in one superpower as much in the sport field as in economic and the space one. With that advance also the rodents will arrive that will be eating away their structures raising strong changes in their society.

When it will be they yuan international currency 17 September 2009 We are prudent as far as the concept of the call internationalization of renminbi, Guo Qingping, lieutenant governor of the Central bank of China. Like all maturity process, in China, beyond the existing objective to impose to their currency as new international currency, as much by an interest political as economic, understands that the process will take time and that they are due to fulfill a series of conditions. It is not only one question of desire, also must be a capacity question. In this sense, they yuan has potentially, everything to prevail more in years as one of global currencies, getting even (and more likely) to move to the yen of its regional reign. While they yuan prepares itself to prevail as he descries international, immediately, concerning the relation with the American dollar, the analysts consider, according to affirms the Information center of Internet China, that the type of change will have few pressures to appreciation while the American economy stays weak.

From market, perceives that they yuan will continue quoting in one narrow band, that at the moment has like center to the 6.83 units of Chinese currency by American dollar and it by virtue of the weakening that has observed the American currency with respect to main currencies, also implies a weakening of yuan with the consequent threat for the bilateral balance of trade in front of China for the main economies. The fact that a currency becomes international does not depend in particular on a country, but of the market considered Guo Qingping. In China it is known that to achieve the objective to internationalize to they yuan, is due to make attractive and for it necessary conditions exist. Although it is not his color, yuan is still quite green to be international currency.