The Chinese-American Currency Wars of 2007-2010
Aug 23rd, 2007 | By Whiskey Contributor | Category: Currencies
This is the end, my capitalist friend.
The end of the long-standing United States policy of nonintervention in the currency markets.
America has declared war on the Chinese yuan. Depending on whether you go with the House or Senate figures, the yuan is undervalued by anywhere from 15% to more than 40%. ...read more
