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...
China’s central bank will expand the daily yuan trading band against the dollar. The announcement came after first quarter economic data that China’s gross domestic product growth had slowed to 8.1%. From China...
In Forbes, Baizhu Chen of USC’s Marshall School of Business questions the logic of Americans insisting on paying higher prices for Chinese goods: The argument is that this is good for the U.S. economy because cheap Chinese...
With next year’s U.S. presidential race already in full swing, Republican hopefuls have much to dispute but one clear point of agreement: China. The Wall Street Journal analyzes the latest aggressive criticism from U.S....
With the U.S. Congress debating a bill that would impose tariffs on China for undervaluing the yuan, the Chinese government has launched an unprecedented lobbying effort to influence U.S. policy, Reuters reports: A 12-member...
A coalition of 45 U.S. business groups have rejected Congressional efforts to pressure China to raise the yuan rate. From Reuters: “We agree that China needs a yuan exchange rate that responds to trade flows and that China...
The U.S. and China have both agreed to participate in an international process that will evaluate the risks that major economic powers pose to global development. The New York Times reports that China is the primary target in...
Rising inflation, rising food prices, and unhappy consumers may force China to finally allow its currency to appreciate against the dollar. From the Los Angeles Times: Rising prices for food, fuel and housing have led to...
Bloomberg reports on speculation that the Chinese government will allow the currency to rise in order to tame rising inflation: The yuan strengthened beyond 6.6 per dollar for the first time since 1993 on speculation China will...
The New York Times’ Week in Review looks at recent developments in U.S.-China relations and offers an opinion of what the U.S. might be doing wrong: A key part of America’s relationship with China now turns on a question...
At a talk in Toronto to accept the Globalist of the Year award from the Canadian International Council, George Soros focused on China, according to a report in the Globe and Mail: Mr. Soros devoted much of his talk to China...
Presidents Hu and Obama take bilateral relations to the rap battlefield in this animation by Next Media Animations (h/t Danwei): (Obama: “And while you’re at it won’t you get some sense and stop beating up...
In the New York Times, Paul Krugman argues against comparisons between Europe’s complaints about a weak dollar and U.S. complaints about an undervalued yuan: What the United States is doing is an expansionary monetary...
The U.S. Treasury Department has postponed its announcement on whether China is a currency manipulator. From Reuters: The Obama administration backed away on Friday from a showdown with Beijing over the value of China’s...
The New York Times reports: Over seared scallops and beef tenderloin, Treasury Secretary Timothy F. Geithner urged his counterparts from Europe, Canada and Japan to help persuade China to let its currency, the renminbi, rise in...
The Washington Post published an editorial commenting on recent comments by Premier Wen Jiabao about why the government will not give into pressure to revalue its currency: Specifically, Premier Wen Jiabao announced in Brussels...
Nobel laureate Paul Krugman writes a column in support of the recent bill passed by the House of Representatives calling for stronger action against China for not raising the value of its currency: Diplomacy on China’s currency...
From Bloomberg: The U.S. House Ways and Means Committee said it will meet Sept. 24 to consider legislation to push China to raise the value of its currency. The committee said today in an e-mailed statement that it will consider...
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