Saturday, February 05, 2011

My Comment on "U.S. report finds Chinese currency gains too slow"

"In refusing to cite China, Treasury said Chinese President Hu Jintao had assured President Barack Obama during a visit to Washington last month that China would intensify its efforts to 'further enhance exchange rate stability.'"

Comment: If I put the number of these sort of vague assurances by Chinese leaders on currency, intellectual property protection, human rights observance, etc., etc. that I have read over the years end to end, they would likely extend to touch the moon.

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