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04-13-2010, 12:27 AM #1
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Obama's Tiptoe Thru the Tulips with China
Monday, April 12, 2010
Obama's Tiptoe Thru the Tulips with China
In the wake of Paul Krugman and members of Congress wanting to label China a currency manipulator, those expecting fireworks at Monday's meeting between president Obama and Chinese president Hu Jintao must have been disappointed.
Certainly, cooler head prevailed, and that is a good thing. However, nothing much was accomplished either as noted by Bloomberg in Hu Says China Follows Own Path on Yuan as Obama Seeks Revalue. http://www.bloomberg.com/apps/news?pid= ... JiUA&pos=8
President Barack Obama urged China to move toward a “more market-oriented exchange rateâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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