I believe I understand the meaning of the phrase, but not specifically why it is a major issue between the U.S. and China
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March 5th, 2010 at 5:45 am
The artificially deflated yuan is exacerbating the US trade deficit with China. If the yuan increased in value relative to the dollar then Chinese exports to the US would decline and US exports to China would increase and something closer to equilibrium would be achieved.
March 5th, 2010 at 5:45 am
sounds like a great problem if it weren’t the solution
that sounds like balanced planning to me
and if so maybe you can answer my question
if we thrive for equality do we eliminate originality?