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Tag Archives: Asia
The First Green Energy Trade War?
If Congress votes to penalize Chinese imports and start a trade war it may have a lot to do with the Democrats’ frustration at their inability to build a homegrown clean energy sector. After all, it would be particularly embarrassing if the companies President Obama has boasted about being “the future” were to go bankrupt. So, because the green stimulus has failed to live up to the hype, and mostly created new jobs abroad, leading Democrats may now think the answer is to restrict imports.
Posted in Currency Markets, Economy, Global Warming Scare Also tagged China, clean energy, solar, stimulus, trade war, undervalued Asian currencies, wind Leave a comment
America is Serious About Balancing its Trade With China
On the question of its undervalued currency China may have finally overplayed its hand. Following a number of impolitic moves on the geo-political front, it looks like the U.S. is finally in the mood to walk the talk and force China to revalue its currency – even if it means slapping import tariffs on [...]
Posted in Currency Markets, Economy Also tagged China, currency manipulation, global imbalances, protectionism, subsidies, trade sanctions, US, WTO Leave a comment
It’s Time to Force China to Play By Our Rules