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Trading blows Essay Topics & Paper Examples

Global economy: trading blows

There has been diplomacy subtle between the US treasury and China over the China‚Äôs exchange rate. The issue has dominated the relationship of the two largest economies that would determine and shape the future of the world economy. US has however received occasional support from Europe and other selected emerging markets. The dispute is that, the Chinese currency policy unbalances the world economy and disadvantages the foreign companies. This has caused the white house to face challenges in the management of its trade and investment relationship with Beijing as it has been evident in the way the American businesses are discontented and fuelled by incidents such as the Google China censorship spat. US is however frustrated by the fact that…