China's inflation hit 11 years high...

[gvgs98]

As per Reuters posting
"China's inflation ..."
China's inflation hits 11 years high. My concern is that return on investment has some sort of relation to inflation. Isn't it? In that case,
What sort of impact India is going to have?
Is it sort of good sign for Indian exports like less competition from china products?
If we are not concerned about our inflation do we also head the same direction?

Any views?

Cheers
VG

 

[kkseal]

It'll be more difficult for them to keep the Yuan down, which is good for Indian exports.

 

[sudoku1]

http://www.traderji.com/137742-post159.html

'rumour post.....' thread had this whiff in DEC 2007

 

[gvgs98]

Thanks sudoku & kkseal
I believe Chinese currency is getting stronger just like ours...

Cheers
VG

 

[AmoghG]

^ Their currency is intrinsically weaker, but their commie government has pegged it to a stronger rate so their exporters benefit. US has been pressurizing them for long to convert to a floating rate.