World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Europeâs Debt Crisis Is Casting a Shadow Over China
Keywords:
Tags:
The yuan has risen 14.5% against the yuan in the last 4 months, according to the Chinese Commerce ministry. Loosening the Chinese currency's peg to the dollar will increase the value of the renminbi even further. And with further declines in the euro expected this would seriously affect Chinese exporters to Europe. This also makes European goods more competitive than American goods in the Chinese market putting the Obama's administration's goal of doubling exports further at risk. The Shanghai stock index declined by 5.1% on Monday May 17, 2010, reflecting these concerns. The Chinese government continues to intervene in currency markets and the renminbi is now at 6.827 renminbi to the dollar.
The U.S. Treasury's view on currency values for Japan's yen and China's renminbi 2013-2016
05/17/2010
The U.S. Treasury says Japan should use monetary policy for promoting economic growth and not for gaining an advantage in international markets.
Grouped Articles
Wall Street Journal 04/18/2013
Japan Official Cites Fundamentals in Yen's Drop
Wall Street Journal 04/12/2013
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
The Long View of Changes in Chinaâs Currency
New York Times 09/21/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
Currency issues and U.S.-China trade.
01/23/2009
Trade between the USA and China and currency issues. Obama administration's efforts to address currency issues and fair trade issues with other countries.
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
The Long View of Changes in Chinaâs Currency
New York Times 09/21/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
US-China trade relations: Speak less softly, carry a stick
Economist 09/25/2010
Obama Promotes Benefits of Trade Deals to Workers and Smaller Businesses
New York Times 02/26/2015
Expert opinion on the appreciation of the yuan.
03/29/2010
One view from Yale University is that an appreciation of China's currency will not have alarge impact on American jobs, which is the opposite of what is generally thought.
Grouped Articles
Wall Street Journal 10/04/2011
Wall Street Journal 03/29/2010
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
The Long View of Changes in Chinaâs Currency
New York Times 09/21/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
China's Dangerous Overvaluation
Wall Street Journal 02/26/2014
Global trade issues in 2010.
01/14/2009
The currency issues for the strong yen and the reluctance of China to revalue its currency.
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
Economist 01/15/2009
When Everybody Exports, Nobody Wins
BusinessWeek 09/16/2010
Wall Street Journal 10/02/2010
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/2010
Roubini on China, currency issues, and domestic consumption in China.
05/17/2010
By letting the yuan China can shift the benefits to households, who will have more purchasing power, and reverse the shift that has taken place in the last 10 years, with domestic consumption making up about 36% of GDP- down by about 10 points from ten years earlier. State owned companies gained at the expense of households, as did infrastructure spending, but it is leading to misallocation of investments and hurting households. As a result China will hit a growth wall in the next 2-3 years, says Roubini.
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
New York Times 09/30/2010
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/2010
New York Times 09/25/2010
Economic growth and exchange rates for dollar, yen, yuan and euro- policy change in China, Japan and Europe.
08/17/2007
How policy and mood is shifting in China, Japan and Europe for exchange rates between currencies. The desire to be less dependent on exports and increase domestic demand in these countries just as thrifty consumers in the US make earlier policies obsolete.
Grouped Articles
Yen's Fall Aids Japan, Worries Others
Wall Street Journal 05/13/2013
Yen Slumps to Six-Month Low Against Dollar
Wall Street Journal 11/27/2013
Japan Faces Uphill Battle in Curbing Yen's Rise
Wall Street Journal 08/04/2010
Brawny Yuan Stands Apart from the Crowd
Wall Street Journal 12/10/2013
Asia Seen as Better Able to Deflect Waves From U.S.
New York Times 08/17/2007
Geithner Hints at Harder Line on China Trade
New York Times 01/23/2009
The economy of China in 2010-2012
12/30/2009
Hazards and prospects.
Grouped Articles
Three Hurdles for China in the Year of the Tiger
New York Times 12/30/2009
Why the Chinese don’t spend : The New Yorker
New Yorker 01/04/2010
China Dethrones Germany as Top Goods Exporter
Wall Street Journal 01/06/2010
China Aims to Transform a Nation of Savers Into Spenders
Wall Street Journal 01/07/2010
China Sees Growth Engine in a Web of Fast Trains
New York Times 02/13/2010
BusinessWeek 04/14/2010
The renminbi or yuan as global currency.
05/17/2010
China's currency, the yuan or renminbi, and its acceptance as a global currency.
Grouped Articles
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
Brawny Yuan Stands Apart from the Crowd
Wall Street Journal 12/10/2013
The Long View of Changes in Chinaâs Currency
New York Times 09/21/2010
Wall Street Journal 09/01/2015
IMF Lifts Chinese Yuan to Elite Lending-Reserve Currency Status
Wall Street Journal 11/30/2015
China Steps Up, but Its Currency Still Has Dues to Pay
New York Times 12/05/2015
Divergent interests of U.S. retailers and manufacturers with factories in the U.S. on the appreciation of China's currency
05/17/2010
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
Cheaper Chinese Currency Has Global Impact
Wall Street Journal 08/12/2015
Currency Fight With China Divides U.S. Businesses
New York Times 11/16/2010
Chinaâs Currency Isnât Our Problem
New York Times 01/17/2011
Foxconn to Raise Salaries for Workers by Up to 25%
New York Times 02/18/2012
Frankly Speaking on the great recession, the dollar and trade deficits 2009-2012
10/14/2009
Peter Morici of the University of Maryland and others express their view in 2009 on what needs to happen. The dollar Morici says needs to be devalued 40-50% against the yuan. He says that while China talks about an alternative reserve currency, it is part of the problem. And the crisis was caused by the U.S. demand that was inflated by the cheap yuan and then collapsed, says Morici.
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
Cheaper Chinese Currency Has Global Impact
Wall Street Journal 08/12/2015
China Takes a Smoother Path to Currency Devaluation
Wall Street Journal 11/25/2015
Peter Morici: Behind the Dollar's Dog Days
BusinessWeek 10/15/2009
Progress on the appreciation of China's currency, the yuan, in 2010-2013
05/17/2010
Grouped Articles
Wall Street Journal 10/04/2011
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
Brawny Yuan Stands Apart from the Crowd
Wall Street Journal 12/10/2013
The Long View of Changes in Chinaâs Currency
New York Times 09/21/2010
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
U.S. Strains Mount After China Devalues Yuan
Wall Street Journal 08/12/2015
U.S. and China- Trade Wars.
12/30/2009
American action against products from China that are dumped on the U.S. market. The unervalued Chinese currency and subsidized exports.
Grouped Articles
Wall Street Journal 10/04/2011
Economist 03/31/2010
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
How China Lost Its Mojo: One Town's Story
Wall Street Journal 09/16/2013
An Accord (and Lessons) to Remember
Wall Street Journal 09/21/2010
US-China trade relations: Speak less softly, carry a stick
Economist 09/25/2010
Experts who agree that its beneficial for the U.S. to lift exports through devaluation of the currency.
10/15/2009
This includes Krugman, recent Nobel Prize winner, Morici, University of Maryland, Hatzius of Goldman and Kasman of JP Morgan. Other experts also welcome the depreciation ogf the dollar as long as it is not a sudden drop. With consumers strapped, quantitiative easing reaching its limits, the stimulus in place, rising unemployment in 2010 and very poor capacity utilization, exports are a sure way to lift the economy. Morici and Krugman see a Chinese disconnect with it siphonig growth away from other countries through keeping its currency low. Morici cites the example of solar panels where China requires 75% domestic content for imports.
Grouped Articles
Cities Adapt With Mixed Results
Wall Street Journal 09/27/2011
Wall Street Journal 10/04/2011
The Engine That Pulled Us Out of Recession
Wall Street Journal 03/19/2015
Cheaper Chinese Currency Has Global Impact
Wall Street Journal 08/12/2015
U.S. Strains Mount After China Devalues Yuan
Wall Street Journal 08/12/2015
Peter Morici: Behind the Dollar's Dog Days
BusinessWeek 10/15/2009
Growing Risks for the Chinese Economy going into 2010-2014
01/14/2010
One is a concern that China may like Japan in the 1980's is getting into a property and asset price bubble after aperiod of rapid industrialization and shifting of rural population to the cities. The risks of an overheating economy were growing with a 22% jump in a broad measure of money supply in March 2010.
Grouped Articles
Wall Street Journal 07/01/2013
I.M.F. Tells China of Urgent Need for Economic Change
New York Times 07/17/2013
Economist 01/14/2010
BusinessWeek 04/14/2010
Fear Pervades China's Stocks As Market's Gains Disappear
Wall Street Journal 05/13/2010
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
The declining value of the euro and China's export industry.
10/23/2009
This affects American exports to the Chinese market also making european goods more competitive.
Linked Articles
Europeâs Debt Crisis Is Casting a Shadow Over China
New York Times 05/17/2010
New York Times 10/23/2009
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us