Archive for November 12th, 2009
Forex Implications of China-US Economic Codependency – 1030th Edition
The Economist recently published a special report on China and America (”Round and round it goes“). As the title suggests, the article described the increasing interdependency between the economies of the US and China. In a nutshell, China maintains an undervalued currency, in order to stimulate exports. The resulting overseas (American) demand puts upward pressure [...]
