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October 11, 2010

Time to Get Tough with China

Clive Crook, Financial Times

AP Photo

The US is experiencing sluggish growth, high and persistent unemployment, and a trade deficit that has widened again this year. The country’s mood is bleak. As you may have noticed, elections are approaching. Amid all the talk of a “currency war” between the US and China, the greatest surprise may be that talk, so far, is all we have had.

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TAGGED: IMF, Yuan, United States, China

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