Wharton's Mauro Guillen on China's Currency Policies
Episode Description
Wharton management professor Mauro Guillen discusses the dispute over exchange rates between China and Western countries, and why this conflict is so difficult to resolve.
Brief Summary
Professor Maro Gillan discusses U.S.-China currency tensions and their impact on global trade and American jobs.
Key points
- China's Currency Conflict. China's currency policies are under scrutiny, affecting global trade dynamics and American jobs.
- The G20's Challenges. The G20 faces difficulties in reaching agreements due to its size and diverse interests.
- Global Economic Imbalances. Ongoing imbalances in the global economy threaten recovery and stability.
Ask about Knowledge at Wharton
Episode highlights
- China's Currency ConflictChina's currency policies are under scrutiny, affecting global trade dynamics and American jobs.“China's currency is undervalued, affecting American exports.”1:13Oct 13, 2010
- The G20's ChallengesThe G20 faces difficulties in reaching agreements due to its size and diverse interests.“I’m pessimistic about immediate breakthroughs in negotiations.”7:30Oct 13, 2010
- Global Economic ImbalancesOngoing imbalances in the global economy threaten recovery and stability.“The problem with the present situation is that we’re coming out of a crisis.”8:39Oct 13, 2010
Tension
45/ 100Some tension
