china, anyone? (holler at IDS)

From Sanobar:

So this morning I was listening to the news radio (with no particular political slant...at least not a overt one). There was an interesting piece on talks about appreciating the Chinese Yuan to reduce their comparative advantage and make it easier for the Europeans and Americans to compete. I thought this was super interesting cuz we know that China is gaining both political and economic power on the world stage. But this also would imply that the U.S. and Europe are looking to beef-up their manufacturing and services sections of their economies. Why else would they want Chinese products to become more expensive??? Your thoughts please... let's have a conversation.

Interview with Fred Bergsten this past Friday on Chinese-American trading relations
http://www.pbs.org/newshour/bb/business/jan-june10/chinacurrency_06-18.html


Fred's Bio:
http://en.wikipedia.org/wiki/Fred_Bergsten
http://www.iie.com/staff/author_bio.cfm?author_id=33