Tagged: Chinese currency

Must China be the scapegoat?

In the biggest bipartisan display since Obama took office, 90 Democrats and 40 Republicans wrote a the Treasury and Commerce secretaries demanding that China appreciate its currency or face a financial duty.  But, as international relations Professor Kevin Gallagher explains in a Politico commentary, appreciating the Chinese currency still won’t regain lost U.S. jobs. “Rather […]

China defends economic policies

In his once-a-year news conference, China’s premier sought to deflate pressure over Chinese economic policies and promised cooperation in revving up the global recovery.  International relations Professor Kevin Gallagher, author of “The Dragon in the Room: China and the Future of Latin American Industrialization,” says says its good that China is pointing to other countries […]