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Peterson Perspectives
Interviews on Current Issues

China and the Presidential Debate: Clarifying the Record

October 17, 2012

In this two-part interview, Nicholas R. Lardy clarifies assertions made about China's currency during the presidential debate.

Part I
Nicholas R. Lardy explains that contrary to assertions in the debate, China has allowed its currency to appreciate 30 percent in the last seven years.

Part II
Nicholas R. Lardy says that labeling China a "currency manipulator," as Governor Romney advocates, would have little effect in the absence of Congress passing legislation to impose sanctions on China.


Book: Sustaining China's Economic Growth after the Global Financial Crisis January 2012

Book: Eclipse: Living in the Shadow of China's Economic Dominance September 2011


Two Cheers for Congress on IMF Funding December 22, 2015

Fed Finally Ready to Hike Interest Rates December 14, 2015

Ex-Im Bank to Survive Political Challenge October 28, 2015

Fed Miscommunications October 28, 2015

Federal Reserve in Wait-and-See Mode October 26, 2015

What’s Next for TPP? October 6, 2015

China's Economy Shadows the Obama-Xi Summit September 21, 2015

TPP Talks: Getting to Yes August 6, 2015

Sanctions on Iran: Why They Worked and Why a 'Snapback' May Not Work July 29, 2015

A Dramatic Opening with Cuba December 18, 2014