China’s Currency Move a Success
July 20, 2010 at 16:49 PM EDT
When the Chinese government changed its currency policy last month to allow appreciation of the renminbi, skeptics like New York Times columnist Paul Krugman called the move a lame ploy to placate U.S. and European critics ahead of the G20 summit. It appears this judgment may have been too quick and too harsh. The renminbi gained [...]
