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CMO at SecureAuth Corporation. Previously VP Marketing at NowSecure, Knurld, Ping Identity, VP Business Develoment at Get Satisfaction, CEO at Teqlo and General Partner at SAP Ventures.

One response to “China Complains About Currency Manipulation (really)”

  1. Chandranshu Singh

    China has kept Yuan afrtificially low for a long time, we all know that. In addition to that they keep buying dollars. So that’s not a new issue. USA is also justified in pressuring the Chinese to get the Yuan at a level that reflects reality better.

    However, China has invested heavily in the US (treasury bonds et al). And IMHO what’s at work here is the fear (can’t say if it’s rational or irrational) that apparent incentives exist for USA to inflate the debt away. In the current economic scenario with a large and growing fiscal deficit, this fear may not be completely unfounded. Dr. Joseph Stiglitz has also talked about this in his book Freefall.