RMB: countdown to 15 April?
March 30, 2010
The US Treasury is expected to issue its semi-annual report on 15 April. Will it declare China a “currency manipulator”? This would be “for purposes of preventing effective balance of payments adjustments or gaining unfair competitive advantage in international trade.” This could lead to the imposition of countervailing duties on Chinese imports. The possibility of… » read more
Posted by Stanley Crossick