August 20, 2010 Headlines
Posted by jeckert on 08/20/2010
China to invest billions in clean energy vehicles. See which states had higher jobless claims last week. Multinational companies decreased employment in the U.S. in 2008, but increased employment overseas. China is more actively investing in its neighbors’ bonds and debt. ##
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China is trying to either
China is trying to either force up the value of its competitors, or necessitate them to buy US$. This curious form of currency manipulation (which it still is), will cause tensions amongst those countries affected. I am sure Japan et. al. are thrilled at the prospects of higher currencies.