Rebecca Christie Archive

US Treasury reiterates a weak dollar policy towards China

[Skip to the end] U.S. Criticizes China for Lack of Exchange-Rate ‘Flexibility’ By Rebecca Christie Oct. 16 (Bloomberg) — The U.S. Treasury Department criticized China for the “lack of flexibility” of the yuan and a buildup of foreign-exchange reserves while stopping short of branding the nation a manipulator of its currency. “The ...Read More

Geithner’s got it wrong re: China

[Skip to the end] This is what happens with an administration that does not understand imports are real benefits and exports real costs. This is a proactive move that hurts our real terms of trade and real standard of living. Geithner to Urge China to Boost Demand, Official Says by Rebecca Christie ...Read More

Obama believes China is manipulating currency

[Skip to the end] Here we go: Think they realize exports are real costs and imports real benefits??? Obama Deems China ‘Manipulating’ Yuan, Geithner Says by Rebecca Christie and Mark Drajem Jan 22 (Bloomberg) — President Obama — backed by the conclusions of a broad range of economists — believes that China ...Read More