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China Takes Number Two Position

One bit of news out this week was that China is now the world's second largest economy, ahead of Japan, and second to the US. 84KQW4FZ4QX2

China’s Economy

More and more we are hearing a call for China to allow their currency to float, that it's undervalued. But if their currency rose, wouldn't the Dollar fall? Aren't we concerned about a falling dollar more than another country's currency being too low? Not quite my area of expertise, yet. Joe