The Mudcat Café TM
Thread #97993   Message #1938430
Posted By: Bunnahabhain
16-Jan-07 - 12:51 PM
Thread Name: BS: California Slips
Subject: RE: BS: California Slips
It depends, JiK.

Official exchange rates (UK and France; China)
4.27 Trillion : 2.22 Trillion

Purchasing parity power
3.6 billion : 8.88 trillion

$ figures from 2005, via CIA world factbook

Anybody else think the Chinese official exchange rate is slightly rigged?


BTW, California GDP 2005 = 1.62 trillion $ (wikipedia)