From Angry Bear to the Front Page of the New York Times

Last Thursday, Guest-blogger Kash wrote about the rising issue of China, its currency, and the trade deficit with China (“2. There’s growing discussion about the value of the Chinese yuan against the dollar…[snip]…My prediction: these issues are going be HUGE in the not-too-distant future.”)

Now today, the NYT has a front page story, Currency of China Is Emerging as Tough Business Issue in U.S.. As Kash predicted, the issues are indeed looming large as manufacturing states increasingly pressure the administration to do something about the under-valued Chinese yuan.

AB