"A stronger yuan could lead to greater Chinese asset accumulation in the U.S. and elsewhere"
- Gary Becker
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This quote by Gary Becker suggests that if the Chinese yuan were to end up being stronger, it could result in an increase in Chinese possession build-up in the U.S. and other nations. This could be helpful for the Chinese economy, as it would permit them to buy more properties abroad, such as stocks, bonds, and realty. This might also be beneficial for the U.S. economy, as it would generate more foreign financial investment, which could assist to promote economic development. Furthermore, a stronger yuan might result in increased trade between the U.S. and China, as Chinese products would end up being more affordable for American consumers. Ultimately, a stronger yuan might cause higher Chinese property build-up in the U.S. and elsewhere, which could be beneficial for both countries.
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