Chinese Currency Forecast

Jan 12 2006 - Peregrine Investment Ltd. in Paris had forcasted a 3% appreciation of RMB in year 2006. As China has experienced a trade surplus for the past 7 years and has gained importance in the world's economy, there is a stronger pressure for RMB (Chinese currency) to appreciate.

Assuming that the forecast is correct, the importing of Chinese products are going to be more and more expensive. Therefore NOW is the best time to take advantage of the business opportunities in China. Act soon before it is too late.