EPI: By Devaluing Its Currency, China Exports Its Unemployment
On Tuesday, China announced the largest one-day devaluation of its currency in more than two decades. Make no mistake—although authorities claimed this policy was a
On Tuesday, China announced the largest one-day devaluation of its currency in more than two decades. Make no mistake—although authorities claimed this policy was a
Did you ever think you’d see congressional Republicans repeal a federal law in subservience to a foreign organization? [Reposted from Forbes | John Brinkley |
Even if the Georgetown steel mill had survived to this point, China’s surprising decision Tuesday to devalue its currency likely would have been the 46-year-old
China had been setting a too-low exchange rate for their currency, thereby exporting unemployment. Then early this week their bank made a move and the
Ohio Senator Sherrod Brown has put a “hold” on the nomination of Marisa Lago to be deputy U.S. trade representative. Brown says that his trade
China’s decision to devalue its currency last week means that it has chosen to export its unemployment problem, rather than take the hard steps needed
The yuan halted a three-day slide after China’s central bank raised its reference rate for the first time since Tuesday’s devaluation and said it will
A CPA member wrote to Cong. Susan Davis to ask her to oppose Fast Track Trade Promotion Authority. He received this note in response. Thank
China is ruled by a party that calls itself Communist, but its economic reality is one of rapacious crony capitalism. And everyone has been assuming
FOR IMMEDIATE RELEASE – August 12, 2015 Contact: Brandy Brown, Communications Director, 202-225-3161 REED BLASTS CHINESE GOVERNMENT FOR DEVALUING CURRENCY Continues Fight to Protect American