Keep Those Exports Coming

Here's a letter that I sent to the New York Times – the third letter in response to yesterday's Krugman column:

Paul Krugman notes that Chinese Prime Minister Wen Jiabao "accused other nations of doing what China actually does, seeking to weaken their currencies 'just for the purposes of increasing their own exports'" ("Taking on China," March 15).  This charge of hypocrisy is likely justified.

Nevertheless, why should we non-Chinese complain about this Chinese policy?  We get more for...

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Published on March 16, 2010 13:14
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