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FT.com / World - US says China ‘manipulating’ the renminbi
Tim Geithner, President Barack Obama’s choice for Treasury secretary, on Thursday accused China of “manipulating” its currency and pledged “aggressive” diplomatic action to drive Beijing into action. The comment – a politically loaded term likely to raise tensions with Beijing – marked the Obama ...
China Knows
China Knows
gregor.us — When it comes to public infrastructure spending, China knows exactly what to do: build rail. Lots of... rail. Today’s NY Times has a great piece on China’s next round of public works : A $17.6 billion passenger rail line across the deserts ... (more) China Knows
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Currency manipulation: What they don’t tell you
The visible hand in economics — ... It appears that one of President Obama’s first concerns is “currency manipulation” by China - very interesting. The administrations view seems to be: ...

US says China ‘manipulating’ currency
FT Alphaville — Tim Geithner, President Barack Obama’s choice for Treasury secretary, on Thursday accused China of “manipulating” its currency and pledged “aggressive” diplomatic action on the issue. The comment, in a Senate nomination hearing, could raise tensions with Beijing, being the Obama administration’s first public intervention in what will be one of its most critical international economic relationships. The US has long felt that China has artificially depressed the value of its currency to boost exports but the Bush administration always stopped short of formally declaring China a ...

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