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Yuan Appreciation

Chinese Currency Reaches All-Time High

Posted 12.26.2011 | Business

SHANGHAI (Reuters) - The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-...

Top Chinese Economist Blasts U.S. Dollar's World Dominance

Posted 05.30.2011 | Business

BEIJING (Reuters) - Dollar dominance is sowing the seeds of financial turmoil, and the solution is to promote new reserve currencies, a Chinese gove...

We Can Have Low Priced Imports and Good Jobs for All Americans

Warren Mosler | Posted 05.25.2011 | Politics
Warren Mosler

The administration's current weak dollar policy is a misguided effort to create jobs by causing import prices to go up for struggling US consumers to the point where we buy fewer Chinese products.