China: Caught in a Monetary Trap
Aggregated Source: China Stocks News and Analysis from Seeking Alpha
March 26, 2008|
Scattered throughout my writing are references to the way I view China’s currency regime, why I believe monetary policy is out of control, why I have insisted since 2003 that China’s trade surplus and foreign exchange reserves could only grow, and why I claim that the authorities are increasingly going to have to consider a maxi-revaluation as the only solution to a worsening problem.
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