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 October 12, 2010

U-S - China Currency War?

China Expert Dr. David Finkelstein, Vice President and Director of China Studies at the Center for Naval Analyses talks about rising tensions between China and the United States over currency. by Bill Buckmaster

US Expert on China 617x347 China Expert Dr. David Finkelstein, Vice President and Director of China Studies at the Center for Naval Analyses talks about rising tensions between China and the United States over currency.
AZPM

Dr. David M. Finkelstein, Vice President and Director of China Studies for the Center for Naval Analyses says an undervalued Chinese yuan has weakened U-S exports while making Chinese goods attractive to U-S consumers. The imbalance has weakened U-S economic growth and threatens American manufacturing jobs at a time when the U-S economy is struggling.

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