Geithner Decides to Focus on Business Concerns at the Expense of Workers in Negotiations With China

That would have been an appropriate headline for a Washington Post article that essentially told readers that Treasury Secretary Timothy Geithner would focus on issues that matter to business in his discussions with Chinese leaders. The most important issue for workers in dealing with China is a drop in the value of the dollar relative to yuan.


This would reduce the price of U.S. exports to people living in China and make imports from China more expensive. The would lead to more exports and f...

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Published on May 02, 2012 05:16
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