Senator Charles Schumer, one of China’s toughest critics in Congress dollars, and not seasonally adjusted unless otherwise specified. Trade with China : 2008NOTE: All figures are in millions of U.S. NOTE: All figures are in millions of U.S.Undervalued RMB “contributes” to the US trade deficit RMB contributes only marginally to the economic problems.Would the currency focused legislation and other punitive actions that some in Congress have called for, such as a World Trade Organization (WTO) case against China, actually speed China’s currency reform?.Does it significantly harm the US economy?.Treasury Secretary Geithner and Vice Premier Wang Qishan, April 8, 2010 Most Japanese do not see this as a crisis Japan is still a wealthy, high-tech society, albeit with weak growth.Average real growth was exceptionally high.In 1990, Japan was on track to become the #1 economy.Spend all the US currency held in the central bank.Japan as precedent, not a good strategy.Appreciate one time off – affect export, worsen economy.Appreciate over time – conflicts, tensions in trade deficits, internal inflation.Does EU countries think RMB is undervalued?.Why US is reluctant to make any legislative or formal complaint to the international governing bodies?.Does China believe it is not undervalued?.Congressional attempts to legislate Chinese currency.Complaint from Congress to President Bush.Lesson from the Yen/ Japanese GDP growth.What exchange policy should China choose?.Most would agree that RMB is undervalued.What’s the problem with Remenbi exchange rate?.RMB Exchange Rate BUSI 3001 SBLC Week 9 (12), Spring 2010 Charles Mo & Company May 10, 2010
0 kommentar(er)
