Belke, Ansgar; Dreger, Christian; Erber, Georg - In: Weekly Report 6 (2010) 30, pp. 223-230
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...