China in House of Cards, and House of Cards in China
SPOILERS FOLLOW! The second season of Netflix’s political drama House of Cards, released in...
currency manipulation
U.S. Presidential Candidates Clash Over China (Updated)
Even though the third U.S. presidential debate will tackle specific foreign policy issues, Mark McDonald of The International Herald Tribune writes that President Barack Obama and Republican challenger Mitt Romney still butted...
Japan and China Bypass US in Direct Currency Trade
Tension between China and Japan over the East China Sea has not stopped them from developing trade between the two countries. The Asia-Pacific Journal reports that Japan and China started direct trading of their currencies on...
PBOC Hints at Near-Term Loosening
A week after Premier Wen Jiabao opened the National People’s Congress by lowering China’s 2012 GDP growth target, and only a couple days after China announced its largest trade deficit in more than a decade,...
Will the Internet Generation "Take China Down"?
As a colourful Republican field vies for the chance to take on Obama in next year’s presidential election, the China issue has been a focal point of debate. Most candidates have competed to adopt a harder line than their...
Huntsman Jabs at GOP Rivals (But Not Obama) for Anti-China ‘Pandering’
Former ambassador to China and aspiring Republican presidential candidate Jon Huntsman has criticised his rivals’ anti-China posturing, as others compete be seen as tough on Beijing. From China Real Time Report: Mr....
The Renminbi: The Political Economy of a Currency
At Foreign Policy, Arthur Kroeber embarks on an epic overview of political issues surrounding the yuan, from controversial exchange rates to its questionable future as an international reserve currency. He dismisses the popular...
Treasury’s Geithner: Durable Economic Stability
U.S. Treasury Secretary Timothy Geithner spoke to reporters on his way to Beijing on Saturday, the first day of his highly-anticipated first visit to China. From MarketWatch: “We are seeing more durable stability in the...
All Eyes on U.S. Treasury Secretary Geithner’s First Trip to China (Updated)
U.S. Treasury Secretary Timothy Geithner arrived in China this weekend, where he will meet Monday and Tuesday with some of China’s highest officials, including President Hu Jintao and Premier Wen Jiabao. These are...
US Bill to Punish China Faces an Uncertain Future
Growing U.S. dependence on China in such grave matters as pressuring North Korea to return to disarmament negotiations and stabilizing the world economy may make the Obama administration hesitant to confront America’s...
Yuan Drops Most in Two Months on Signs China Is Halting Gains
From Bloomberg: China’s yuan posted its biggest decline in almost two months after the central bank lowered the reference rate by the most since December, spurring speculation policy makers will halt currency appreciation to aid...
U.S. Again Declines to Brand China FX Manipulator
Following earlier controversy over statements made by U.S. Treasury Secretary Timothy Geithner, the U.S. Treasury has not labeled China a currency manipulator. From Reuters: The U.S. Treasury Department on Wednesday declined to...
China and the Dollar
From the Wall Street Journal: As if the dollar didn’t have enough problems, Timothy Geithner took China’s bait yesterday and said he was “quite open” to its suggestion this week to displace the greenback...
China Slams Geithner’s Comments on Currency
Maureen Fan of The Washington Post reports on the response of a top Chinese banking official to Timothy Geithner’s statement that “President Obama — backed by the conclusions of a broad range of economists...
Open Markets Wider, Australia Urges China – Yu Ning and Daniel Seifert
From Caijing.com.cn: Two-year-old free trade talks between China and Australia have encountered some difficulties, particularly in areas of market access, Australia’s lead negotiator Ric Wells said in an August 13 interview. Wells, the point man in Beijing for the Australian Foreign Affairs and Trade Department , is urging China to follow his country’s lead by […]
Senators Seek to Penalize China for Trade Policy – Steven R. Weisman
China, according to the US Treasury, cannot technically be classified as a currency manipulator. China has not used the undervalued yuan for a trade advantage, but several Congressmen and Treasury Secretary Henry M. Paulson Jr. have expressed concern over China’s export-driven economy, and they are seeking a solution. From the New York Times: A group […]
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