Understanding China, One Blog at a Time

An American in China

The USA Lost When China Joined The WTO

Posted by w_thames_the_d on January 19, 2012


Excerpt
“Yet in America, China’s single biggest trading partner, sentiment towards the country has turned starkly negative. In a recent poll, 61% of Americans said that China’s recent economic expansion had been bad for America; just 15% thought it had been good. This partly reflects China’s controversial currency regime. By keeping the exchange rate down, China’s critics allege, it has gained a substitute for the mercantilist measures it gave up to join the WTO”
From

http://www.economist.com/node/21541448

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