China's currency will help them lead to the global economic power.
One reason why the currency of china will lead them to global power is the amount that the currency cost. As it said in a NY times article called " China Rejects U.S. Complaints on Its Currency" that since the currency of china is so low that it lets them export a larger amount to other countries around the world. Personally to me that is a smart business plan because the less it is the more people can buy. Restaurants also so do this by lowering the prices of good food so people can buy more of it but then they usually just raise it up.
One reason why the currency of china will lead them to global power is the amount that the currency cost. As it said in a NY times article called " China Rejects U.S. Complaints on Its Currency" that since the currency of china is so low that it lets them export a larger amount to other countries around the world. Personally to me that is a smart business plan because the less it is the more people can buy. Restaurants also so do this by lowering the prices of good food so people can buy more of it but then they usually just raise it up.
Some people may say that it is better to have a higher currency worth. But because we sell to poorer countries no body can buy or products which mean that we lose money. But with China's cheap currency people can actually buy the products. And these are the reasons why China's currency will help them reach the global economic power.
You do a great job of exploiting something I have never thought of. Nice work!
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