Monthly Archives: October 2010

US to Intensify Pressures on the Yuan…No, Wait…Is This Deja Vu All Over Again?

We start this week off in a comic vein with a great joke I just read in WSJ: The U.S. will try to intensify pressure further on China over its exchange-rate policy after a weekend meeting of the International Monetary … Continue reading

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Ordinary, Everyday Fraud in China

Must read: The most recent string of revelations has been bracing. After a plane crash in August killed 42 people in northeast China, officials discovered that 100 pilots who worked for the airline’s parent company had falsified their flying histories. … Continue reading

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Oberweis: US Has Little Leverage for Force Change in Yuan Exchange Rate

Jim Oberweis on the exchange rate in this video at Washington Post. As I understand his comments, the only leverage the US administration may have is tariffs. Rising prices in China will, over time, likely bring about gradual movement in … Continue reading

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