Revaluation of the Chinese yuan would also help.

Consider what a decline of the dollar relative to the yuan would mean for the Chinese. If the Chinese now hold 1 trillion in their official portfolios, a 10 rise in the yuan dollar exchange rate would lower the yuan value of those holdings by 10 .

In addition, the Chinese Government has provided 500,000 and relief goods worth 500,000 yuan through the United Nations system.

By delaying a decision to float the yuan, the authorities are merely contributing to greater instability in the Chinese economy.

And, while the Chinese yuan has remained more or less unchanged relative to the US dollar in the past year, the dollar s sharp appreciation relative to the euro and other currencies caused the overall trade weighted value of the yuan to rise. This further depressed Chinese exports.

In 2012, Chinese questioned the frustrating ticket booking website that cost the railways ministry 300 million yuan (47.8 million US dollars) to build, as well as promotional video that cost 18.5 million yuan (2.94 million) to produce.

What's the total demand to convert Yuan into dollars, and dollars into Yuan?

It was 10 Yuan per dollar now it is 9 Yuan per dollar.

Likewise, while the Chinese Yuan might be king in 50 years, China s moribund financial system will prevent it from being crowned anytime soon.

Mr. Shaofu Yuan China

But there is this imbalance here more dollars into Yuan than Yuan into dollars.

Chinese lawyer Yuan Yulai posted a cartoon on Sina Weibo that explains the link between economic reform (the train) and political reform (the track).

What is this? 9 Yuan.

Chinese policymakers should bear in mind that the value of the yuan is only one among many factors that affects the competitiveness of China s economy.

China s effort to hold down the value of the yuan vis à vis the dollar is thus a costly and pointless policy. By delaying a decision to float the yuan, the authorities are merely contributing to greater instability in the Chinese economy.

The rate of exchange (Chinese yuan per US 1) on 31 July 2008, was RMB 6.846, in mid 2007 was RMB 7.45, while in early 2006 was RMB 8.07 US 1 8.2793 yuan (January 2000), 8.2783 (1999), 8.2790 (1998), 8.2898 (1997), 8.3142 (1996), 8.3514 (1995).

If I have one dollar, I want to convert it to Yuan, I get 10 of them Yuan .

The old state planner Chen Yuan once cautioned that Chinese reformers had created a birdcage economy in which a capitalist bird was growing within a socialist cage.

As of 29 January 2014 the South African rand, United States dollar, Australian dollar, Indian rupee, Chinese yuan and Japanese yen are all legal tender in Zimbabwe.

The Fund s policy change drew the ire of Chinese officials, who have been intervening on a biblical scale to hold down the value of their currency, the Yuan.

The price of yuan will go up

Now, they won't be able to convert into 2,000 Yuan, because there's only 1,000 Yuan that wants to be traded.

There are more dollars that need to be converted into Yuan than Yuan that need to be converted into dollars

This is the map of the Yuan Dynasty,

10 Yuan is equal to 1 US dollar.

Notice the price of Yuan went up here.

Hey, that 1000 Yuan you divide, you get 10 Yuan dollar, so that should be a hundred dollars, at the quoted rate.

Yuan T. Lee, the 1986 Nobel Laureate in Chemistry.

And, they start from the bottom like Ke Yuan !

(There's only 1,000 Yuan that wants to be traded.)

Or this guy is putting Yuan up for bid.

The Yuan is the unit of exchange for the renminbi.

He has 100 Yuan, and he wants to convert it.

So, let's say he sells 100 Yuan for 10 dollars.

According to Needham, the Chinese in the Song Dynasty and continuing Yuan Dynasty did make use of a dry compass, although this type never became as widely used in China as the wet compass.

Just letting the yuan float upward does not resolve the dilemma.

And all of his employees want to be paid in Yuan.

So will they be able to convert this into 2000 Yuan?

Let's say he wants to sell 90 yuan for 10 dollars.

The price of dollars, in terms of Yuan, will go down.

So, this guy as he sees that there's a lot of demand to get his 1000 Yuan he's going to keep offering fewer and fewer Yuan per dollar.

Although occasional bouts of nervousness in global financial markets cause the dollar to rise, I expect that the dollar will continue to fall relative to the euro, the Japanese yen, and even the Chinese yuan.

So let's just say, that at the beginning of our time period like we did in the last video that the exchange rate between the Chinese Yuan and the US dollar is 10 to 1.

Mr. Yuan Zhou, National Research Center for S T for Development, China

And it goes like this. It's by a guy called Yuan Zhen.