Sabtu, 30 April 2011

For US Trade Deficit, Don't Blame Yuan

When it comes to the US trade deficit with China, one thing has become apparent, the foreign exchange rate is not a significant factor. As China's yuan strengthens, so does the trade gap.

Source: http://blogs.forbes.com/kenrapoza/2011/04/27/for-us-trade-deficit-dont-blame-yuan/

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