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Asia Sentinel
China and the Weak Yuan

China and the Weak Yuan

John Berthelsen's avatar
John Berthelsen
Oct 06, 2010
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Asia Sentinel
Asia Sentinel
China and the Weak Yuan
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On September 29, the US House of Representatives, on a lopsided 346-79 vote, authorized the US Commerce Department to impose duties on imports from countries with undervalued currencies. Read that China. In a Congress riven by partisan bickering, the vote represented a rare signal victory for bipartisanship. But it is probably unrealistic to believe it …

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