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Posts related to ‘yuan’

Chinese Currency Going Global? (CME, ICE)

Posted: May 4, 2012 at 7:29 am

At a conference in Singapore, the CEO of the London Metals Exchange (LME), the world hub for metals trading, said that LME is working on a 2-year project to create ...
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Administration Caves In To China On Yuan

Posted: October 15, 2010 at 2:31 pm

The Treasury Department caved into pressure and delayed its decision to label China as a currency manipulator. The Administration decided to defer the decision instead of sending a report to ...
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Currency Wars: The Referee Fired, The Sport Begins

Posted: October 11, 2010 at 5:03 am

The IMF was dismissed as the possible arbitrator in the growing currency dispute among the biggest countries. The US immediately said it would push China harder to boost what many ...
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The China Chicken Trade Wars

Posted: September 27, 2010 at 5:48 am

The Chinese Ministry of Commerce plans to put a levy on broiler chicken parts sent to the most populous nation in the world by American poultry farmers. The tariffs could ...
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China Premier Pushes Back On Yuan

Posted: September 23, 2010 at 6:13 am

Chinese Premier Wen Jiabao pressed his case that the yuan had little to do with trade deficits and joblessness in the US. His comments come just as the Ways and ...
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China Currency Problems Go On Trial In The House

Posted: September 15, 2010 at 5:20 am

The Obama Administration has hoped to avoid an attempt by Congress to seize the ability to negotiate with China on the value of the yuan. It has almost always been ...
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China Equity Market Value May Overtake US

Posted: September 9, 2010 at 6:10 am

Almost every analysis about competition between the US and China puts the People's Republic in the lead. China has more people, lower labor costs, more efficient protectionism, a better currency ...
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A Huge China Surplus–US Ire And A Troubled Chinese Consumer

Posted: August 10, 2010 at 4:40 am

China's trade surplus hit $28.7 billion for July. The number has not been so high since the depths of the recession eighteen months ago. The General Administration of Customs said ...
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The Trade Gap And The Yuan, Gone And Forgotten

Posted: July 14, 2010 at 5:01 am

For some reason, the huge trade gap announcement did not stir much concern in Congress about the value of the yuan. The figure rose to $42.3 billion in May. Instead ...
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