Title

China’s Currency: Brief Overview of U.S. Options

Jonathan E. Sanford

China’s Currency: Brief Overview of U.S. Options

Many are concerned that China’s currency is undervalued and that this injures the U.S. economy. The Chinese authorities say they are not manipulating their currency and they want to move as soon as possible to a market-based yuan. A new exchange rate procedure was announced in July 2005 but has not...
Topics: 
Economy