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Analysis

The U.S.-China Currency and Trade Collision Course

By Nouriel Roubini
3/24/2010 | Last Updated

EXECUTIVE SUMMARY

Following my attendance at the annual China Development Forum, including a private session for Western delegates with Premier Wen Jiabao, I believe China and the United States may be on a collision course over Beijing’s insistence that it will not allow the value of the renminbi (RMB) to rise. While RGE believes the two countries may still come to a grudging compromise that falls short of public confrontation over the issue, there is now nearly a 50% chance that the U.S. Treasury will label China a currency manipulator in April. The risk of a collision course on the[...]

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RGE Global Outlook Update


Table of Contents


Economic Outlooks:
 Global | U.S. | Japan
China | Eurozone
Germany | France | UK
India | Brazil


Global Issues
Growth & CPI | Commodities

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