tag:blogger.com,1999:blog-12897315.post2318097560378044463..comments2024-03-28T09:54:55.115-05:00Comments on Dad29: Skirmishing With PRC Over TradeDad29http://www.blogger.com/profile/08554276286736923821noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-12897315.post-66639022864156535752010-03-22T15:26:33.629-05:002010-03-22T15:26:33.629-05:00We have the upperhand. No question about it. All...We have the upperhand. No question about it. Allowing the Yuan to appreciate against the dollar would substantially hit Chinese exports while boosting U.S. exports and providing a much needed stimulus to American producers. The Chinese asset portfolio would take a minor hit as they unloaded treasuries which would be mostly gobbled up domestically and abroad (mostly by Japan I would assume). <br /><br />China has been exporting capital AND unemployment for years. It's time they stop doing both for the good of everyone.J. Struppnoreply@blogger.com