means if exchange rate is fixed, the export will be more and more competitive. But doesn't mean the domestic market profit margin will benefit.
-->The other countries will boycott chinese exports
and most chinese people won't necessary enjoy good domestic boom (infrastructure is not directly benefiting everyday life.
so the problem should be tackled by cutting infrastructure build up, and put money in buying all the IBM, siemens etc companies. and real estates in foreign countries. sort of what japan did.
