Category Archives: Foreign Exchange

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

Posted on October 11, 2010 by Richard

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

Posted on October 4, 2010 by Richard

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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Currency Manipulation — That Old Play, Rerun Again

Posted on July 1, 2010 by Richard

In my (nearly) exalted position as Writer of Blog, I receive press releases from organizations and individuals. Everyone is selling something: a book, a political point of view, world peace and freedom. But I do not generally wish to help … Continue reading →

Posted in American Faux Pas, Foreign Exchange, U.S. Economy | Comments Off

WSJ: Misleading Headline on RMB Movement

Posted on June 21, 2010 by Richard

I find this to be a most misleading headline: China’s Yuan Rises to Highest Level Against Dollar in Modern Era The yuan was quoted at 6.8015 to the dollar in China’s over-the-counter market Monday afternoon, up strongly from its opening … Continue reading →

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The Yuan is China’s Currency and This is Not an Issue the International Community Should Discuss

Posted on June 18, 2010 by Richard

Why was I not surprised to see, once again, the headline, “China Unlikely to Move on Yuan?” Because I have been writing for nearly a DECADE– and saying it to anyone who will listen since the mid-90s — that the … Continue reading →

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The Euro, the US Dollar and the RMB — An Update

Posted on May 19, 2010 by Richard

Over the past 8+ years, this blog has welcomed readers from the White House, State Department, Department of Defense, Department of Homeland Security, Department of Commerce and numerous Virginia-based servers the origin of which one can only guess. Perhaps policymakers … Continue reading →

Posted in China After the Meltdown, Foreign Exchange, U.S. Economy | Comments Off

The Euro, the US Dollar and the RMB Walked Into a Bar. The Euro said…

Posted on May 17, 2010 by Richard

One heard very recently of Chinese confidence in the Euro, as opposed to the US dollar, and the not-so subtle threat to re-allocate China’s foreign reserve holdings from more heavily US-weighted to somewhat less. This rhetoric appears to have turned … Continue reading →

Posted in Banking and Finance, China After the Meltdown, Foreign Exchange | Comments Off

It’s the Yuan, Again, and Again, and Again, and…oh, gosh, really, this is too much…

Posted on April 8, 2010 by Richard

I really shouldn’t spend much time on this folly. Another statement of a change in currency policy? We watch this exquisite dance performed each time the US is tasked with the decision to label China a currency manipulator. The model … Continue reading →

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It’s the Yuan, Again, and Again, and Again, and…

Posted on February 18, 2010 by Richard

More hollering about the value of the Yuan. This is simply Washington window dressing on the more profound problem to which none of the “best and brightest” supposed to be leading this country seems to care deeply enough about to … Continue reading →

Posted in Entering the China Market, Foreign Exchange, Management, Marketing | Comments Off

Apologies for the Radio Silence

Posted on October 16, 2009 by Richard

I’ve been busy preparing to open a second location for my law practice and have not written much. But let me give you something to read in the meantime: After 11 years of trial, New Taiwan Dollar/RMB exchange, based in … Continue reading →

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