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US and them…our ‘new’ partners

…agreements: We do know that Treasury Secretary Geithner – quoting President Obama in aid – effectively threatened China. He accused China on Jan. 22 of “manipulating” their currency, the yuan,…

Is it true that foreigners finance American debt?

…US Treasuries to help keep the dollar up and the yuan/rmb down, so that US citizens will continue to buy Chinese exports. It is that simple. With apologies to Prof….

Greenspan on China

Greenspan made some reasonable points about US trade with China during his testimony before the Senate Finance Committee today. First, he said that a yuan revaluation against the dollar probably…

China Update

CBSMarketwatch.com has a couple of interesting stories for China-watchers. The first reports that it seems increasingly certainl that China will not revalue the yuan any time soon. The second surveys…