The Chinese need to move soon. The important thing is not what was said but who said it. |
The Chinese would be smart to move. It would head off trade angst in this country and head off potentially damaging legislation. |
The global economic recovery best served by having currencies reflect fundamentals. |
This is not what we wanted, and we have serious concerns. |
This really sounds like a missed opportunity. We were really hoping that significant progress would be made so that both governments would begin to work together to address this very large trade imbalance. |
We are sending a letter right now that will arrive on Monday to request a meeting. We'll probably have meetings with them next week to explain the damage being done to the U.S. economy. |
We're not asking for special favors. We just want the same thing that we give our Chinese partner -- a flexible currency, market access and intellectual property rights protection. |
We've seen this movie before. What Treasury is saying is pretty much of a rerun of what it said back in May. |
What we want the government to do is to make it plain that currency values should reflect economic fundamentals, and governments shouldn't interfere with that. |
You've got to offset the losses. If we don't get the market access we need, we're going to turn to our Congress and say that we can't support this agreement. |