Chinese Yuan

[Jeneral2885]

China hits out over yuan criticism http://www.bbc.co.uk/news/business-11395747

and

Dani Rodrik's view on the talk about getting the yuan to appreciate--http://rodrik.typepad.com/dani_rodriks_weblog/2010/09/is-chinese-mercantilism-good-or-bad-for-poor-nations.html

[dipsydoodle]

1. Perhaps the US

would stop its farm subsidies too.

[Jeneral2885]

2. agree but

agree though some economist think USsubsisides are necessary for the developing world

see http://ipeanddevelopment.wordpress.com/2010/08/16/ipe-id-first-clash-agricultural-trade/

[dipsydoodle]

3. Those subsidies

screw the developing world. That's because the locals then can't get a fair price for their own produce.

[Jeneral2885]

4. read article

depends on what kind of produces. The developing world, as I quoted from Stiglitz and Charlton, is a net importer of importers of “temperate” agricultural products. Not that I wholeheartedly support Chang in having farm susidies but radical lifting of them is neither the way.