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October 19, 2010
Yuan blame game a distraction
As the November mid-term elections in the United States approach, the Democrats and the Republicans have both found a new villain to run against. "China emerges as a scapegoat in campaign ads," as The New York Times recently put it.
October 18, 2010
Possible 'currency war' to hamper int'l economy recovery
As the U.S. dollar continues to depreciate, many other economies are being forced to intervene in the foreign exchange markets to devalue their own currencies. The world's main economies are trapped in a likely "currency war," which might hamper the recovery of the world economy.
October 14, 2010
China emerges as a scapegoat in US electoral campaigns
China is increasing made a scapegoat to vilify during the U.S. mid-term electoral campaigns from both Democrats and Republicans, for a much-propagated phenomenon that tens of thousands of American jobs are outsourced abroad, typically the rising Asian economy.
September 30, 2010
US trade politics remain the problem
Zhang Lijuan: A single, one-time, appreciation of Renminbi won't solve all the problems the U.S. faces.
September 27, 2010
What lies behind anti-China rhetoric in Congress?
John Ross: Arguments in the US Congress to justify calls for tariffs on Chinese imports are clearly not the real reason for the proposals.
August 10, 2010
Yuan focus must shift from dollar
International anxiety over China's currency exchange rate policy appears to be gathering momentum again, given that the yuan has risen only slightly since June 19 when the People's Bank of China (PBOC) made it more flexible.
June 24, 2010
Timely move
The expansion of a pilot program aimed at settling cross-border trade deals using the yuan, and Saturday's announcement of a more flexible exchange rate regime, are early indications that efforts are underway to internationalize China's currency.
June 22, 2010
Export challenge
China's decision to make its currency flexible means exporters may suffer as a stronger yuan drives up the prices of their products.
June 22, 2010
Stable exchange rate matters
China must stoutly resist pressure from developed nations to let its currency appreciate too rapidly.
June 22, 2010
Renminbi deserves depreciation
The plunge in the euro and threat of persistent economic instability has caused the Chinese government to take a more cautious approach to adjusting its exchange rate. But ironically, the collapse of the euro presents a golden opportunity for China to introduce greater exchange rate flexibility.
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