Wharton's Franklin Allen on China's Currency Policies
Episode Description
Wharton finance professor Franklin Allen discusses the dispute over exchange rates between China and Western countries, and why this conflict is so difficult to resolve. 📂 Finance & Accounting
Brief Summary
Professor Franklin Allen discusses China's currency policies and the complexities of U.S.-China economic relations.
Key points
- China's Currency Manipulation Debate. The U.S. accuses China of manipulating its currency to gain trade advantages.
- The Risk of Trade Wars. Concerns arise over potential trade wars and government interventions in currency markets.
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Episode highlights
- China's Currency Manipulation DebateThe U.S. accuses China of manipulating its currency to gain trade advantages.“Manipulation is an emotive word.”1:06Oct 13, 2010
- The Risk of Trade WarsConcerns arise over potential trade wars and government interventions in currency markets.“I think it's quite likely that we will get into a situation not of trade wars.”12:23Oct 13, 2010
Tension
45/ 100Some tension
