India: Rupee Q and A

by Ajay Shah Original title was ‘The rupee: Frequently asked questions’ Ajay Shah’s blog, 01 December 2011 Q: How big is the market for the rupee? The rupee is now a big market. Summing across both spot and derivatives, perhaps $30 billion a day of onshore trading and $40 billion of offshore trading takes place. …

Why “Made in China” Costs More in China

Chinese goods cost more in China because of currency, taxes, transportation,logistics and inflation. Chinese get the jobs, while Americans get the consumer products; Chinese government gets the dollar, but the U.S government gets to spend the dollar! Chinese like to say: the Americans get a better deal!