Topic: Nicholas Lardy
The value of China's currency, the yuan, is one of the most hotly contested issues in US-China relations. The US says a high yuan is costing American jobs. But it also keeps consumer items, like TVs and computers, inexpensive. Will China soon adjust the value of its currency?
Within the next decade, China will become the world’s largest equities market.
The giant’s revival will help cushion the blow of falling global output. But the Obama administration will need to take care in its dealings.
A strategic semiconductor firm gets leeway on promoting faith in its halls.