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China keeps its currency, the renminbi, artificially low, which boosts its exports and trade surplus but distorts the global market. Chinese leaders, however, consider the managed exchange rate a tool in China's development strategy. Thus far the Obama administration has stopped short of calling the policy "currency manipulation," but some members of Congress are pushing for tough action. Brookings experts examine the issues and challenges in dealing with the problem.
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October 2, 2013, David Dollar
July 24, 2013, Ran Tao and Fubing Su
July 3, 2013, Kenneth G. Lieberthal and Eswar Prasad
Refine by: China | China's Economy | Asia and the Pacific | Trade
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July 1, 2013, Douglas J. Elliott | comments
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Opinion | Financial Times
April 15, 2013, Eswar Prasad and Karim Foda
October 30, 2012, Eswar Prasad and Karim Foda
October 22, 2012, Richard C. Bush III | comments
Opinion | The New York Times
September 10, 2012, Eswar Prasad
August 16, 2012, Eswar Prasad and Karim Foda
Opinion | FT.com
May 1, 2012, Eswar Prasad
May 1, 2012, Eswar Prasad and Karim Foda | comments
March 26, 2012, Eswar Prasad
Opinion | Voxeu.org
February 16, 2012, Eswar Prasad and Lei Ye
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Eswar Prasad
Senior Fellow, Global Economy and Development
New Century Chair in International Trade and Economics
@EswarSPrasad
David Dollar
Senior Fellow, Foreign Policy, Global Economy and Development, John L. Thornton China Center