The Belgravia Dispatch: Chinese Diplomacy Watch

September 08, 2006

Chinese Diplomacy Watch

I missed this over the weekend, but if you're at all interested in China's U.N. diplomacy, be sure to catch James Traub's piece on the subject in last week's NYT magazine.

UPDATE: Suzanne Nossel, who knows a thing or two about the U.N., has more on this well worth reading here.

Posted by Gregory at September 8, 2006 04:41 AM

Comments

China has fixed their currency's value relative to the dollar (within a narrow range).

Could this cause the U.S. financial problems in the future?

When small countries have done this, it has little effect on us.

But with an economy the size of China's...it seems like, in a way, they are actually setting the value of the dollar...and taking control of the dollar's value realative to other currencies away from the U.S. government.

It seems like a devaluation of the dollar is an obvious way to help ease America's trade imbalance and heavy debt burden...but with the Chinese currency fixed to ours...they have us under their control like a dog owner with a leash around their dog's neck...or maybe even a hangman holding a noose.

Posted by: monkyboy at September 8, 2006 09:25 AM | Permalink to this comment

	« Interrogation Tactics: A Geneva Carve-Out For The CIA? \| Main \| More on Rummy's Speech » September 08, 2006 Chinese Diplomacy Watch I missed this over the weekend, but if you're at all interested in China's U.N. diplomacy, be sure to catch James Traub's piece on the subject in last week's NYT magazine. UPDATE: Suzanne Nossel, who knows a thing or two about the U.N., has more on this well worth reading here. Posted by Gregory at September 8, 2006 04:41 AM Comments China has fixed their currency's value relative to the dollar (within a narrow range). Could this cause the U.S. financial problems in the future? When small countries have done this, it has little effect on us. But with an economy the size of China's...it seems like, in a way, they are actually setting the value of the dollar...and taking control of the dollar's value realative to other currencies away from the U.S. government. It seems like a devaluation of the dollar is an obvious way to help ease America's trade imbalance and heavy debt burden...but with the Chinese currency fixed to ours...they have us under their control like a dog owner with a leash around their dog's neck...or maybe even a hangman holding a noose. Posted by: monkyboy at September 8, 2006 09:25 AM \| Permalink to this comment		About Belgravia Dispatch Gregory Djerejian, an international lawyer and business executive, comments intermittently on global politics, finance & diplomacy at this site. The views expressed herein are solely his own and do not represent those of any organization. More About the Author Email the Author Recent Entries Lunch w/ the FT... Robert Strange McNamara Biden on Israel/Iran Mea Culpa (Part II) Something of A Mea Culpa Search Search this site: The News Financial Times New York Times Wall Street Journal The Economist The Times The Spectator Daily Telegraph The New Yorker Washington Post New Criterion New Republic National Review The Atlantic The American Conservative Harpers The Week The Guardian Weekly Standard The Nation Real Clear Politics Le Figaro Le Monde El Pais Pravda The Blogs Across the Aisle Marc Ambinder American Footprints The American Scene Bainbridge Jack Balkin Becker-Posner Balloon Juice Steve Clemons Juan Cole The Corner Crooked Timber Cunning Realist Democracy Arsensal Daniel Drezner Washington Monthly James Fallows Glenn Greenwald Nikolas Gvosdev Huffington Post Mark Kleiman Joshua Landis Daniel Larison Marc Lynch Josh Marshall Progressive Realist Obsidian Wings George Packer Gideon Rachman Andrew Sullivan Katrina vanden Heuvel Volokh Conspiracy Steve Walt James Wolcott Matthew Yglesias Foreign Affairs Commentariat Foreign Affairs Foreign Policy Le Monde Diplomatique National Interest Law & Finance Barron's Bloomberg Bull and Bear Wise Calculated Risk Marketwatch Contrary Investor Corporate Counsel Blog DealBreaker Deal Lawyers Blog Financial Sense Forbes Fortune Hussman Funds Bruce MacEwen Barry Ritholz Nouriel Roubini Safe Haven SCOTUS Blog Seeking Alpha The Street 10b-5 Daily Yahoo Finance Think Tanks AEI Baker Institute Brookings Carnegie Cato CFR CSIS Heritage IISS Intl Crisis Group USIP Security Janes Fed. American Scientists Defense Tech Global Security Bulletin of the Atomic Scientists Books American Scholar LRB NYRB NYT Book Review Paris Review TLS Granta Grand Street Arts & Letters Daily TNR's The Book The City Curbed Eater Gothamist NY Magazine NY Post NY Press New York Observer Tribeca Trib Vanishing NY Village Voice Epicurean Corner Wine Terroirs The Burgundy Report Richard Kelley Andrew Jefford Archives Browse Archives Syndicate this site: Belgravia Dispatch Maintained by: www.vikeny.com Powered by

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