Some Currency Traders Bet Against Renminbi

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Gregory Zuckerman and Neil Shah, Invetors Hazard Bold Bet on Yuan. Wall Street Journal, June 22, 2011
http://online.wsj.com/article/SB10001424052702304070104576399751829721080.html
("Their rationale: China's economy is a bubble waiting to burst")

Excerpt in the window of print: 'Good luck betting against a $3 trillion reserve currency,' said George Papamarkakis

Note:
(a) hazard (vt): "VENTURE, RISK  <hazard a guess as to the outcome>"
www.m-w.com
(b) Option (finance)
http://en.wikipedia.org/wiki/Option_(finance)
(a derivative financial instrument; a contract; The buyer of the option gains the right, but not the obligation, to engage in that transaction, while the seller incurs the corresponding obligation to fulfill the transaction; An option which conveys the right to buy something is called a call; an option which conveys the right to sell is called a put)
(c) See the graphic (not photo, which does not appear in print), before reading the text.


---------------------------------Separately
中国价格指数高位运行 本月通胀或破6%. VOA Chinese, June 22, 2011.
http://www.voanews.com/chinese/news/20110622-China-Expects-Inflation-to-Keep-Climbing-for-a-while-124377864.html


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