January 11, 2011 Headlines
As China’s foreign cash reserves grow to $2.85 trillion, the New York Times opines that China should raise the value of its currency. Many leading thinkers in DC agree. But, two leaders of House Republicans on trade issues say they won’t be pushing a currency bill (which by the way secured 99 votes in the last Congress).
Peter Goodman reports on China’s impact on the U.S. steel industry.
One lasting impact of the recession: a decline in wages for workers.
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