Chart, page-182

chippydude, I agree with you re KTD longer term it will climb but don't discount the rising USD and it's impact on the Chinese. as I've said before (read my past posts), the US are trying to screw China by raising rates and creating a stronger USD to hurt Chinese companies with US denominated debt. this is the currency war otherwise publicly in mainstream media known as a trade war. the US at the cost of their stock market will do anything to defend the USD and not give China an inch in becoming a superpower. that's the game here