Tag: Currency

China’s RMB Exchange Rate Issue Needs Objectivity

On February 24, hours after his new Secretary of Treasury, Steven Mnuchin, pledged a more methodical approach to analyzing China’s foreign exchange policy, US President Donald Trump publicly criticized China, labeling the Chinese as the "grand champions" of currency manipulation.

/ April 19, 2017

Selling in Chinese Yuan

Bankers say US exporters can increase their profits by accepting renminbi for payments instead of dollars By Trevor Williams Companies exporting their goods to China can manage foreign exchange risk and save money by offering buyers the option to pay...

/ July 3, 2013

Inside the Beltway: High Frustrations, Low Rhetoric, and a Bad Bill

by John FrisbieA columnist at the Washington Post in late September called the US-China Business Council (USCBC), an organization of roughly 220 US companies that employ more than 7 million Americans, “un-American” for opposing, in USCBC’s opinion, counterproductive tariff legislation...

/ November 1, 2010