Though China has already featured in the U.S. presidential debates, the focus on foreign policy in Monday’s performance is set to bring the most direct discussion yet. David Sanger posted a field guide to the debate at The...
From FT: Beijing on Sunday sought to repair fallout from reports it could use its $1,330bn foreign exchange holdings to put pressure on Washington and the dollar with a statement affirming the importance of the US dollar as a global reserve currency. The official Xinhua news service quoted an anonymous official at the People’s Bank […]
While the Bush Administration declined to label China as a “currency manipulator” in June, Secretary of State Condoleezza Rice commented on CNBC that China could act more fairly on currency issues. From Reuters: U.S. Secretary of State Condoleezza Rice said on Friday that China “doesn’t play fair” on trade and currency matters. U.S. officials have […]
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