Anna Glypta Posted October 17, 2012 Share Posted October 17, 2012 Neither China nor the US uses Euros, so I don't see how the exchange rate between the Pound and the Euro would affect them. China uses Euros, Dollars and Pounds. They want foreign currency. If you buy from China they will insist on payment in one of those 3 currencies. Link to comment Share on other sites More sharing options...
wednesday1 Posted October 17, 2012 Share Posted October 17, 2012 Why are Forumers who live in France, Florida/Bavaria bigging this up? The simpletons from Baaaaaaarnsley are bad enough. Link to comment Share on other sites More sharing options...
Stan Tamudo Posted October 17, 2012 Share Posted October 17, 2012 China uses Euros, Dollars and Pounds. They want foreign currency. If you buy from China they will insist on payment in one of those 3 currencies. All sounds a bit dodgy to me? Link to comment Share on other sites More sharing options...
Anna Glypta Posted October 17, 2012 Share Posted October 17, 2012 All sounds a bit dodgy to me? If you were a Chinese exporter what currency would you prefer to be paid in? Link to comment Share on other sites More sharing options...
Rupert_Baehr Posted October 17, 2012 Share Posted October 17, 2012 But when you sell goods to China, they pay you (you don't have to give them pounds, dollars or anything else.) I've no idea how many cars British manufacturers sell to China, but the reason sales to the US are so strong is that Americans want to buy them. The phrase 'the Pound is so strong against the Euro it will harm our exports' is a mantra which is repeated all too often. - And at the same time, somebody else will be saying "The Euro is so strong against the pound I can't afford to go on holiday to Europe." If people want to buy your products, they will do so. Link to comment Share on other sites More sharing options...
wednesday1 Posted October 17, 2012 Share Posted October 17, 2012 If you were a Chinese exporter what currency would you prefer to be paid in? Do tell us anarchist Link to comment Share on other sites More sharing options...
Anna Glypta Posted October 17, 2012 Share Posted October 17, 2012 Do tell us anarchist Hardly an anarchist. Link to comment Share on other sites More sharing options...
wednesday1 Posted October 17, 2012 Share Posted October 17, 2012 Hardly an anarchist. You're not wrong why use it then? Link to comment Share on other sites More sharing options...
Stan Tamudo Posted October 17, 2012 Share Posted October 17, 2012 If you were a Chinese exporter what currency would you prefer to be paid in? I haven't got a clue what's it's like to be a Chinese exporter? Link to comment Share on other sites More sharing options...
AWOL Posted October 17, 2012 Share Posted October 17, 2012 I haven't got a clue what's it's like to be a Chinese exporter? They have little vision as they are constantly looking through slits. Link to comment Share on other sites More sharing options...
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