Share Tweet Pocket Add to Bookmarks
You're reading: U.S. politics clash with reality over China currency
Popular
on social media

The Chinese currency has risen 31 percent against the dollar over the past seven years, eroding a chunk of the price advantage Chinese exports once enjoyed on world markets. At the same time, China’s huge trade surplus with the world has shriveled.

Yet Republican White House hopeful Mitt Romney says at every turn that as president he would declare China a currency manipulator from day one, and he regularly criticizes Beijing for unfair trade practices.

President Barack Obama, a Democrat, used the backdrop of a lock factory in America’s industrial heartland in February to berate China for failing to "play by the same rules" on trade.

Subscribe now

Sign in or subscribe to view this article
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: