Quote:
Originally Posted by MichaelWinn
the only way the high costs of playing in china can be offset if the singapore dollar reverts back to the good old days when it was 5 to 1 against the yuan in exchange rate
but that is unlikely to happen unless there is external event like a war between
china and japan over the diaoyu islands or a war between china and its neighbours over the south china sea disputes  |
Think very hard for SGD 1 : CNY 5 in these few years.
Past 1 month hovering 4.5 - 4.6 at money changers.
Good if one is earning CNY now though.