“probably the most appropriate currency policy for China.”
Andy Xie
“The changes in the currency regime in China may sooner or later impact U.S. assets and the U.S. currency in favor of other geographical blocs and their assets such as Asian bonds.”
Marino Valensise
“The U.S. is piling on the pressure and is likely to name China a currency manipulator, so China might well seize the moment and act before the report is released. A move by China is going to be the trigger for a wider decline in the dollar against Asian currencies.”
David Woo
“China has to move to a more flexible foreign currency trading system, no question about that. You might see two or three moves to widen the band, say to 0.5 percent.”
Arjuna Mahendran
“The administration's lack of action today hurts all Americans by refusing to acknowledge the obvious - that China manipulates its currency.”
Chuck Schumer
“If we'd had a substantial decline in the dollar against the Chinese currency we'd have probably seen a substantial rise in the price of some of the items that we buy from China.”
Gary Thayer
“Bulk currency smuggling is probably the most important part in the war on drugs, although it's not addressed as widely as it should be in law enforcement circles.”
Dan Burke
