acockasian Posted January 31, 2015 Report Share Posted January 31, 2015 Title says it all. You think this is a good idea? US citizens in the US can open accounts at Bank of China in New York and hold time deposits in yuan. The usual FDIC insurance applies as this is the US branch of the Chinese gov owned bank. This is a pure bet on the Chinese gov letting the currency strengthen. Would you? Link to comment Share on other sites More sharing options...
Dexi Posted January 31, 2015 Report Share Posted January 31, 2015 whats the rate of interest ? Link to comment Share on other sites More sharing options...
Coss Posted January 31, 2015 Report Share Posted January 31, 2015 I'd want to know what the effect of those cities, that the Chinese built to house millions, and are still empty, is on the short to medium term future of the Chinese economy. Link to comment Share on other sites More sharing options...
acockasian Posted January 31, 2015 Author Report Share Posted January 31, 2015 http://www.bocusa.com/portal/Rates?ratesType=2&lang=1& The rates aren't great. Thinking more about the potential for appreciation. China has huge problems. No question. Link to comment Share on other sites More sharing options...
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