Analysis: U.S. tempers might cool regarding China's yuan

09/12/2010 | Economist (free content), The

Many businesses think pressure on China regarding the value of the yuan should come from the Group of 20 and another multinational body, according to The Economist. Despite this, U.S. leaders are moving to make China the scapegoat for unemployment, the magazine argues. The good news is that Congress moves at a glacial pace, so concrete action before November is unlikely, meaning there is time for tempers to cool and trade data to improve, The Economist notes.

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Economist (free content), The

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