Geithner: China letting Fed set yuan’s path
March 9, 2010
In what may be the bluntest assessment by a high-ranking White House official of China’s exchange rate policy, Treasury Secretary Tim Geithner said Wednesday that China’s undervalued currency makes the nation dependent on U.S. monetary policy.
I felt saddened by the fact that suddenly I didn’t feel free.”The outcome is not simply powerlessness but a [...]
