Nov 28 4:07 PM US/Eastern
By MARTIN CRUTSINGER
AP Economics Writer
The Bush administration on Monday determined that China was not manipulating its currency to gain economic advantages but still pressed the Chinese to move more quickly to allow the yuan's value to be set by market forces.
If you believe this, I have a bridge to Manhattan to sell you. With 160+ billion deficit with China, the president is not going to admit the obvious.
No comments:
Post a Comment