Saturday, September 10, 2011

Why the US needs China to manipulate its currency - Janet Carmosky


Because China has a trade deficit, it has to buy treasury bonds, Janet Carmosky explains in the next sequel of "China What?". Some American politicians want China to stop buying those bonds, but it is not in the interest of the US citizens when China stops doing that, says Carmosky.


Janet Carmosky is a speaker at the China Speakers Bureau. When you need her at your meeting or conference, do get in touch.


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