China's Currency Valuation

 - Flickr user upton

Flickr user upton

China's Currency Valuation

The U.S. welcomed China's decision to allow the value of its currency to rise against the dollar, but the long-term implications are unclear. Diane and guests explore what Chinese exchange rate flexibility could mean for the U.S. and the...

The U.S. welcomed China's decision to allow the value of its currency to rise against the dollar, but the long-term implications are unclear. Diane and guests explore what Chinese exchange rate flexibility could mean for the U.S. and the global economy.

Guests

Shang-Jin Wei

director, Chazen Institute of International Business
prof of Finance and Economics, and N. T. Wang Prof of Chinese Business and Economy, Columbia University Graduate School of Business

C. Fred Bergsten

director of the Peterson Institute for International Economics and author of "China's Rise."

Jerry Seib

executive Washington editor, "The Wall Street Journal."

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