Friday, April 27, 2012

Chinese Technological Setbacks and the USD on Forex

The nation of China has been attempting for decades now to bring their technology up to the level of the United States, and in some ways they have succeeded. Unfortunately for China these efforts have not born the fruit many of their superiors had hoped for. Taking the time necessary to develop the technology they have in a way that is financially beneficial has not yet become part of the Chinese mindset for technological development, and this could have some serious consequences for the country's currency and also the USD on Forex charts.

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