China redux

2003-10-19 Thread Eubulides
Presidents fall out over money John Aglionby in Bangkok Monday October 20, 2003 The Guardian China's president, Hu Jintao, yesterday rejected a personal appeal from his American counterpart, George Bush, to revalue his country's currency and adjust other policies that Washington claims give

Re: China redux

2003-10-19 Thread Michael Perelman
Business Week suggests that a revalued currency might be a disaster for Chinese Banks. The Chinese may be renegages (Mao might have been more attuned to the course of Chinese communism than we have credited him), but I don't think that their leaders are stupid or crazy. -- Michael Perelman