Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/151105
Authors: 
Belke, Ansgar
Dreger, Christian
Erber, Georg
Year of Publication: 
2010
Citation: 
[Journal:] Weekly Report [ISSN:] 1860-3343 [Year:] 2010 [Volume:] 6 [Issue:] 30 [Pages:] 223-230
Abstract: 
China's growing trade surplus with the USA has triggered a discussion whether the Yuan is fundamentally undervalued in relation to the US Dollar. So far, China has resisted the demand to drastically revalue its currency. This creates tension as the US economy is only slowly recovering and unemployment rates will probably remain high for a while. In return, this increases the risk of protectionist measures by the US government, such as punitive tariffs on Chinese exports, in order to pressure China to revalue the Yuan. This would also pose a serious threat to growth opportunities in Germany.
Subjects: 
US-China trade
Protectionism
Exchange rate
JEL: 
F13
F32
F51
Document Type: 
Article

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.