[expat_panama]

"...anger with China has focused on Beijing's cheap-currency policy..."

We're hearing US dollars buying too many yuan is bad for America while a weakening dollar that buys fewer yuan is also bad.  Some people really love this 'bad for Ameirca' shtick.

[1rudeboy]

I'm with Heritage on this one: when China finally revalues its currency to whatever level U.S. politicians find is appropriate (think about that for a minute--a recipe for success!), it won't accomplish anything the politicians claim will happen.

We focus on currency because the Dems can "sell" it to their economically illiterate voters. In reality, our politicians (of both parties) don't have the balls to do what will actually work.

[Mase]

We're hearing US dollars buying too many yuan is bad for America while a weakening dollar that buys fewer yuan is also bad. Some people really love this 'bad for Ameirca' shtick.

If I understand this correctly, China floats their currency so it makes the Yuan stronger and their exports more expensive. Wouldn't that then lower the cost of inputs into their economy? Since China's inputs and exports, at least the last time I checked, are about equal, how does this do anything the politicians say it will?