International Business

Introduction

The Obama Administration has shoved China to realise its currency; it has furthermore boosted China to extend to buy U.S. securities. Legislation has been presented in the 111th Congress to address China's currency policy. (Spence, 20)

 

International Business

I have read the case well and have found out that some Members of Congress charge that China's policy of accumulating foreign reserves (especially U.S. dollars) to influence the value of its currency constitutes a form of currency manipulation intended to make its exports cheaper and imports into China more expensive than they would be under free market conditions. (Spence, 20)

I have found that ...