CGD in the News

It Is the Poor Who Pay for the Weak Renminbi (Financial Times)

February 04, 2010

From the article:

"China's exchange rate policy has largely been viewed through the prism of global imbalances. That has had three unfortunate consequences. It has allowed China to deflect attention away from its policy. It has obscured the real victims of this policy. And it has made political resolution of this policy more difficult."

Read the Op-ed