U.S. Treasury: China Still Not a Currency Manipulator {yawn}
May 26, 2012
As the years go on, this “news event” becomes less and less newsworthy. What’s left is just politics.
Tag Archives: currency manipulation
US Treasury Quietly Votes for China Policy Continuity
February 5, 2011
I trust no one was surprised when the US Treasury Department issued its currency manipulation report and, once again, failed to name China as one of the global bad guys.
US Treasury Report & the RMB: An Update
October 16, 2010
About that US Treasury report on whether China is a currency manipulator? Forget about it until after the election.
Will the US Treasury Issue Its Foreign Currency Report This Week?
October 14, 2010
Will the Obama Administration capitalize on anti-China sentiment and label the PRC a currency manipulator weeks before the mid-term elections?
South China Sea Dispute: and the winner is . . .
September 27, 2010
This regional spat automatically makes the U.S. relevant again in Asia.
WTO Disputes Based on RMB Value Not So Easy
September 21, 2010
It’s no accident that RMB-based trade complaints have thus far been quietly buried by the U.S. government.
Why No One Should Take the ‘China Currency Manipulation Bill’ Seriously
July 21, 2010
The U.S. House plans to debate legislation authorizing trade sanctions against China for currency manipulation. It’s an election year, and useless posturing is to be expected.
Obama Administration Says China Not A Currency Manipulator
July 9, 2010
The Obama administration announced that it has decided not to label China a currency manipulator in a semi-annual currency report released Thursday. Chalk up another win for Beijing.
Is Obama Getting Played By China?
April 5, 2010
The journalistic sport of the weekend was generating lots of column inches about the US-China diplomatic dance over the RMB and Iran sanctions. Wonderful story. You have the ominous problem of nuclear proliferation and upcoming multilateral meetings focused on Iran. Then there’s the value of the RMB, repeated rhetorical and legislative threats over the issue [...]
What’s Next From D.C. on the RMB? A Lot More Talk
April 1, 2010
China’s fixed exchange rate against the US dollar continues to be blamed by a large majority of US lawmakers for helping to create global economic imbalances and stealing jobs from US industries, notably manufacturing. (FT) The rhetoric has never been this heated before, but that doesn’t necessarily mean that D.C. is actually going to do [...]
US-China Debate Over RMB is a Prisoner’s Dilemma
March 26, 2010
Never thought about it before in those terms, but it does make some sense. The Prisoner’s Dilemma is, of course, the classic scenario used in Game Theory, usually taught in economics or political economy classes, involving two people in police custody following the commission of a crime. The model is used in introductory level classes [...]
The Latest US-China Currency Spat: All You Need to Know About US Politics
March 16, 2010
No econ knowledge necessary to understand this one. There is an election coming up in the US this Fall and, although the economy is growing, it is a jobless recovery. In other words, people are upset and Obama/Democrats are feeling the heat. Good summary of the issue here: [T]he real problem is the way the [...]