When It Comes to China, Manufacturing Workers and Goldman Sachs Have Opposite Interests

This point would have been worth making in an NYT article on Treasury Secretary Timothy Geithner's trip to China. The article notes that Geithner will likely try to prod China to raise the value of its currency against the dollar. It also reports that:


"American corporations in industries like telecommunications and financial services have increasingly complained that China continues to restrict their access to domestic markets, despite pledges of openness when China joined the World Trade...

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Published on January 11, 2012 02:40
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