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  1. #1
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    Default 'Direct' U.S.-China Talk on Yuan Reported

    More anecdotal evidence for a VND RV. Be sure to notice the article's internal link to Paulson's remarks.

    'Direct' U.S.-China talk on yuan reported

    Senior White House official declines to say whether exchange led to actions.

    May 22 2007: 7:22 PM EDT

    WASHINGTON (Reuters) -- U.S. and Chinese officials had a "direct exchange of views" on the valuation of the yuan currency on Tuesday, with the U.S. side saying China still needed to allow the yuan to appreciate more rapidly, a senior Bush administration official said.

    http://money.cnn.com/2007/05/22/news...reut/index.htm


    Again, this is important because of this article:

    Vietnam the Second Thailand
    According to Peter Soh, Foreign Exchange Director in Singapore under DBS group, the biggest bank in Southeast Asia, all believe that Vietnam will follow the path China has gone, and that the VND will increase in value.

    http://farang.pai-nai.com/article.ph...econd-Thailand


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  3. #2
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    Default Yes, but.........

    Does anyone have any idea WHEN?

  4. #3
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    Default

    Quote Originally Posted by Sudden Impact View Post
    Does anyone have any idea WHEN?
    Exactly! If we only knew when and how much.


  5. #4
    Senior Investor notazbad2000's Avatar
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    Default

    Quote Originally Posted by livefree View Post
    Exactly! If we only knew when and how much.

    Quote Originally Posted by Sudden Impact View Post
    Does anyone have any idea WHEN?

    That seems to be the most secretly guarded information at this point. All we have is their progress, IMHO it will come on or about the time that the dinar hits. For how much...that's anyone's guess. I am personally hoping for .10, but anything higher than that you won't have me complaining.
    "The ulimate measure of man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy." --Dr. Martin Luther King Jr.

  6. #5
    Junior Member odus1000's Avatar
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    Smile

    U.S., China emerge from talks with smiles
    By Greg Robb, MarketWatch
    Last Update: 12:13 PM ET May 23, 2007

    WASHINGTON (MarketWatch) -- Two days of closed-door talks between the United States and China on economic issues have yielded "tangible results," Treasury Secretary Henry Paulson said Wednesday.
    His counterpart, Chinese Vice Premier Wu Yi, said the talks between the two economic superpowers were a "complete success."
    Paulson said the dialogue with China will continue in a cooperative spirit.
    'Vice Premier Wu and I see an important part of our job is to communicate frequently, iron out differences, and keep the economic relationship on an even keel, even during times of tension.'
    — Treasury Secretary Hank Paulson
    "Vice Premier Wu and I see an important part of our job is to communicate frequently, iron out differences, and keep the economic relationship on an even keel, even during times of tension," Paulson said in his closing remarks.
    Wu said that the U.S. and China are "closely linked and interdependent" and that managing the relationship takes creativity, insight, courage and capability, "without easy resort to threats and sanctions."
    Paulson said the two countries reached concrete agreements on a number of issues in the financial, energy and aviation sectors. He pointed to agreements that will open up China's domestic markets for U.S. exports and investment.
    China also agreed to strengthen its enforcement of intellectual-property rights, the U.S. government said. In her remarks, Wu bristled over Washington's decision to file complaints before the World Trade Organization that accuse China of copyright piracy
    Wu also noted an agreement on a transfer of pollution-control technologies.
    Among the specific agreements touted by Washington:

    * An expanded aviation agreement, doubling daily passenger flights between the countries by 2012, and the "virtually unfettered access" to the Chinese markets by U.S. air-freight companies by 2011.
    * Further opening China's financial-services markets, including expanded access to joint-ventures. Foreign banks would be allowed to offer renminbi-denominated credit and debit cards.
    * Expanded loan guarantees for U.S. exports.
    * Increased cooperation in energy and the environment. The United States and China will work together on up to 15 demonstration projects for capturing methane at coal mines, and will develop so-called clean-coal technologies.
    End of Story

    Greg Robb is a senior reporter for MarketWatch in Washington.

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    Default

    So whenis the rv? and at what rate?it has got to happen

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    Default

    From the other forum, I've seen the first week of June postulated as a possible time frame as a result of the BoA incident (VND appearing then disappearing on their website) and the article posted below.

    No idea as to how much.

    June 4: HSTC to apply real-time order matching scheme
    (22/05/2007 14:53) VietNamNet Bridge – The HCM City Securities Trading Centre (HSTC) will apply the real-time order matching scheme as of June 4, 2007, according to Tran Dac Sinh, HSTC Director.

    Mr Sinh said that the real-time order matching, applied since May 18 on a trial basis, has been going smoothly, which paves the way for the official application of the scheme, slated for early June.

    ..... WELCOME TO MOF WEBSITE .....


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    Default

    [QUOTE=Mr. A;204099]From the other forum, I've seen the first week of June postulated as a possible time frame as a result of the BoA incident (VND appearing then disappearing on their website) and the article posted below.

    No idea as to how much.

    Mr Sinh said that the real-time order matching, applied since May 18 on a trial basis, has been going smoothly, which paves the way for the official application of the scheme, slated for early June.

    Not to sound dumb, but what is real-time order matching?
    The time for RV is.....


    www.gwbopc.com/1stmillady

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    Lightbulb

    Quote Originally Posted by Mr. A View Post
    From the other forum, I've seen the first week of June postulated as a possible time frame as a result of the BoA incident (VND appearing then disappearing on their website) and the article posted below.

    No idea as to how much.
    Quote Originally Posted by Countrygirl70 View Post
    Mr Sinh said that the real-time order matching, applied since May 18 on a trial basis, has been going smoothly, which paves the way for the official application of the scheme, slated for early June.

    Not to sound dumb, but what is real-time order matching?
    For the VND, I am hearing Tiawanas rate of .2 to .6 Just Hearing this...

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    Quote Originally Posted by Countrygirl70 View Post
    Not to sound dumb, but what is real-time order matching?
    I'm afraid that I can't give you a textbook answer, but the name says it all. I'm also afraid that I can't quite determine what types of transactions that it applies to, but those who seemed to know, but didn't explain, deem it important.


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