- The Big Picture - http://www.ritholtz.com/blog -
G7 placating US public opinion?
Posted By Barry Ritholtz On September 23, 2003 @ 1:55 pm In Finance,Media,Politics | Comments Disabled
Quote of the Day
“Other G7 officials said privately that the communiqué was more a bid to placate domestic US public opinion than a genuine attempt to engage with the Chinese authorities. A senior G7 official said there was resistance to treating China as the “root of all evil” and the country was very unlikely to succumb to public international pressure to revalue its currency.”
“US and UK undermine exchange rate consensus ,” by Alan Beattie and Christopher Swann in Dubai, Published: September 21 2003, The Financial Times Ltd
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2003/09/g7-placating-us-public-opinion/
URLs in this post:
 US and UK undermine exchange rate consensus: http://news.ft.com/servlet/ContentServer?pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1059479995921&p=1012571727201
Copyright © 2008 The Big Picture. All rights reserved.