China's winning hand
Article Abstract:
China called the combined bluff of the US government and Congress through its announcement of a 2.1% appreciation of the renminbi against the US dollar. The revaluation actually overstates China's concession to US demands as most of that country's exports to US have a sizeable dollar-priced import content and the actual appreciation is probably about 1%.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2005
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Hands on the trigger
Article Abstract:
China has ignored United StatesE legal sanctions aimed at blocking foreign investment in IranEs oil and gas industry by signing a US$100 billion gas deal with Iran. The increasingly competitive nature of the US-China relationship is discussed, particularly in respect of the global geopolitical and economic implications.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
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