by Dave Johnson | Apr 12, 2010 | Blog
Last month I wrote that China was expected to report a trade deficit right about now, just before the Obama administration was scheduled to make a declaration on whether China is manipulating its currency or not, China's Coming Surprise Announcement And My Bridge On...
by Dave Johnson | Apr 9, 2010 | Blog
There are rumors that China will let its currency start to rise a tiny bit. China's currency undervalued by up to 40%, which means goods made there have as much as a 40% advantage coming out of the gate, even before their other rulebreaking trade schemes kick in....
by Dave Johnson | Apr 7, 2010 | Blog
China has been very smart about looking out for its own interests. As a developing country China had natural advantages in selling goods made in China and in attracting manufacturing from other countries. A significant advantage was that their currency was valued very...
by Dave Johnson | Apr 6, 2010 | Blog, Economy, Making it in America
The Obama administration appears to have backed off from pressuring China to revalue its currency, for now, likely in exchange for diplomatic concessions including helping to pressure Iran on nukes. Chinese currency revaluation is about jobs, because currently China...
