Chinese central bank advisor:"absurd" Dollar remains a reserve currency

Discussion in 'Wall St. News' started by ASusilovic, Nov 9, 2010.

  1. So much hypocrisy coming out of China lately. They complain about a USD devaluation, yet actively work to keep the RMB low. They complain about USA deficits, yet see no problem with the large surpluses in their own country.

    Sounds like China wants to have their cake and eat it too.