April 11, 2011 Headlines: China Currency and Human Rights, G-20 Preview, and More
Posted by smorgante on 04/11/2011
China chides the U.S. for judging it on human rights (Reuters). But, apparently you still can’t pray outside in China (NYT).
China “manufacturers” a trade deficit on the eve of scrutiny by the Treasury, G-20 and IMF (Bloomberg). Economists react (WSJ).
George Soros worries about inflation and the undervalued Yuan (Bloomberg). Bob Davis looks at other problems with the Chinese economy (WSJ).
The Record: Canadian hockey stick manufacturing jobs get shipped to China.
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Article for tarriff on US imports to Japan
Here is an artible on how the "G-7" agreed to make the yen weak (it was at 80; now at 85). This means our bankers have agreeed to a tarriff to reduce Toyota/Honda price in the US. Sorry US auto industry...
http://finance.yahoo.com/news/Yen-Carry-Trade-is-Back-On-cnbc-603063753....