▲ | neilwilson 14 days ago | |
"If a game costs $10 to make in China" It doesn't though. It costs a certain amount of Yuan. About 70CNY Therefore to make the numbers add up now they need $5 to buy 70CNY Which means to make China a viable source, the exchange rate needs to go from 1:7 to 1:14. Those Chinese Sovereign wealth funds need to be more generous with their CNY if they want to keep the manufacturing. | ||
▲ | rsynnott 14 days ago | parent [-] | |
The USD is currently sharply devaluing, and Trump appears to be quite keen on this idea. China attempting to keep up would cause all sorts of issues. |