10/31/2010

China, U.S. Currency Battle

Tang: Rapid Yuan appreciation bad
Oct. 26 (Bloomberg) -- Donald Tang, chief executive officer at Citic Securities International Partners, talks about the outlook for Chinese currency policy, opportunities for U.S. investment in China and the outlook for the nation's economy. (Source: Bloomberg)



Tang:

Chinese currency will appreciate, the question is by how much.

US companies need a platform to harness china’s talent.

China is transforming from an exporter to a consumer.

China is developing a “social security network”.

US should proceed cautiously with China on Yuan policies.


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