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Renminbi

China Exports Trouble to U.S.

Leo W. Gerard | Posted 08.11.2012 | Business
Leo W. Gerard

For years, China deliberately diminished the value its currency. This artificially reduces the price of Chinese exports. Simultaneously, it artificially raises the price of U.S. exports to China. Dithering by the U.S. House of Representatives on this issue has reduced America to victim status.

American Jobs and Chinese Freedom

Charles Kolb | Posted 10.11.2011 | Business
Charles Kolb

American consumers can help their fellow citizens and our friends in China in their purchasing decisions. A former American president once urged all Americans to "go shopping." When we do, we should try whenever possible to buy American.

IMF: Potential Chinese Housing Bubble Remains Cause For Concern

Posted 09.20.2011 | Business

The International Monetary Fund said on Wednesday it remains concerned with the potential for a property price bubble in China even though the cou...

U.S.-China Summit: If Trade Were Trade...

Dave Johnson | Posted 07.09.2011 | Business
Dave Johnson

China has been selling but not buying and it's time for them to to start buying. That way we might be able use the word "trade" without wincing.

China: Be Careful What You Wish for

Robert Kuttner | Posted 07.02.2011 | Business
Robert Kuttner

Consumer prices are flat in substantial part because China sends us so much stuff, dirt cheap. But all that may be changing, and the change will be a mixed blessing.

Apply the Obama Doctrine to the Trade Problems With China

Gilbert B. Kaplan | Posted 05.29.2011 | Business
Gilbert B. Kaplan

We have one trade problem in this country that so far surpasses every other one that it is almost not worth talking about any of the others. The problem is Chinese subsidy practices.

While Washington Turns to 2012, Ben Bernanke Is Still Focused on 2008

David Paul | Posted 05.25.2011 | Business
David Paul

Each time Ben Bernanke testifies before Congress, his job gets more difficult. Firmly ensconced between a rock and a hard place, Bernanke must defend the drastic measures he is taking while denying any extreme concerns that he might have.

Hu Jintao Comes Home

Jeff Danziger | Posted 05.25.2011 | Politics
Jeff Danziger

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Harvard Prof: China's Currency Controls Aren't Just A U.S. Problem

The Huffington Post | William Alden | Posted 05.25.2011 | Business

As U.S. government officials continue to pressure China to allow the value of its currency to rise, the stakes of the debate may have become overblown...

China Rejects U.S. Pressure Over Currency

AP | Posted 05.25.2011 | Business

BEIJING — China rejected U.S. Treasury Secretary Timothy Geithner's criticism of its currency controls and warned Thursday that continued pressure m...

China's Currency Manipulation: Flipping off America

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

Earlier this year, the Obama administration asked China nicely to allow its currency value to float up naturally on international markets. China said it would. And then it didn't.

U.S. Politicians Deny the Obvious Injury; U.S. Manufacturing Bleeds

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

In the trade clash between China and America, the Asian giant has gravely wounded the US. China knows it. U.S. voters of all political stripes know it. But too many American politicians are in denial.

China, Currency Manipulation and Globalism: The Big Backstory

Eric Ehrmann | Posted 05.25.2011 | World
Eric Ehrmann

Beijing orchestrated a two percent swing in the renminbi- dollar rate that has justifiably dampened profit taking by speculators and replicates renminbi market spreads against the Euro.

China vs. U.S. Workers: China Is Winning

Eric Lotke | Posted 05.25.2011 | Politics
Eric Lotke

Yesterday, the Senate Banking Committee held a hearing to examine the impact of China's exchange rate practices on U.S. manufacturing.

U.S. Will Lose a Trade and Currency War With China

Michael Pento | Posted 05.25.2011 | Business
Michael Pento

A trade and currency war with China will have a detrimental effect on both countries, but less so for the Chinese.

A Revalued People's Currency? Be Careful What You Wish For

Neil K. Shenai | Posted 05.25.2011 | Business
Neil K. Shenai

By demonizing China into abandoning their currency policy and allowing the renminbi to float, the US risks upsetting a delicate economic balance between both countries.

End the Denial: Label China a Currency Manipulator

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

America and China share a terrible delusion. They are in denial about currency manipulation. Both officially state that China is not devaluing its currency. This is too costly to America.

Don't Let Iran Hijack the U.S.-China Strategic and Economic Dialogue

Daniel Michaeli | Posted 05.25.2011 | World
Daniel Michaeli

Engaging China on issues like Iran's nuclear program and North Korea's sinking of a South Korean navy ship this year ought not come at the expense of long-term bilateral priorities.

What's the Chinese Word for Baloney?

Nathan Lewis | Posted 05.25.2011 | Business
Nathan Lewis

China is not embarking on a policy of competitive currency devaluation.

Should We Fear China?

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

There is a perception that China's large dollar holdings confer upon that country some economic or political power vis-à-vis the United States. This view is incorrect and completely misunderstands the situation.

Roubini: China's Renminbi Will Likely Overtake US Dollar As World Currency

New York Times | NOURIEL ROUBINI | Posted 05.25.2011 | Business

THE 19th century was dominated by the British Empire, the 20th century by the United States. We may now be entering the Asian century, dominated by a ...

Five Chinese Cities Begin Trial Trading In Yuan, Replacing Dollars

Xinhua | Posted 05.25.2011 | World

China's State Council, or Cabinet, announced a pilot program to allow exporters and importers in five cities to settle cross-border trade deals in Ren...