Tag Archives: renminbi

Is the RMB Debate Over?

May 3, 2012

OK, stupid question. The political debate is definitely not over. On the other hand, the focus of the discussion among economists sure has changed over the past year or so. Not too long ago, everyone was arguing whether the RMB was only 10% undervalued or as much as 40%. Now we’ve got this sort of [...]

Hey, the RMB Has Appreciated. Just Don’t Tell Anyone.

February 16, 2012

Great New York Times article on recent RMB appreciation and why the U.S. government is trying to keep it quiet. If you’re into politics, this is fun. Keep in mind that although significant appreciation has occurred (“up 12 percent since June 2010 on an inflation-adjusted basis and 40 percent since 2005″), a lot of experts [...]

Protectionist Ideologues are Squawking About US-China Trade Again

September 28, 2010

The latest “discussion” in Washington about the value of China’s currency has encouraged the usual Op/Ed calls for protectionism.

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.

So Much For That RMB Revaluation. Thanks A Lot, Greece!

May 19, 2010

The PRC seemed to be on the verge of a RMB revaluation. But that was before the Euro tanked, harming China’s export sector and causing Beijing to rethink it’s exchange rate policy.

U.S. Passes Up Second Chance on RMB

April 22, 2010

The US launched a probe into Chinese exports of aluminium products on Wednesday night but postponed a decision on whether to include the country’s exchange rate policy in its inquiry. The investigation, announced by the commerce department, will unfold over the next few months, with an initial determination scheduled for May 17. It threatens to [...]

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 [...]