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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