Political Pressure to Lower Value of China's Yuan *
May 20th, 2005 · Rob Gifford reports from Beijing on the political pressures that drive the Chinese government to keep the value of its own currency artificially low.
May 20th, 2005 · Rob Gifford reports from Beijing on the political pressures that drive the Chinese government to keep the value of its own currency artificially low.
May 17th, 2005 · In its semi-annual report to Congress, the Treasury Department urges China to overhaul its currency system. Critics accuse Beijing of keeping the value of the yuan artificially low to boost exports.
Mar 23rd, 2005 · On the eve of Secretary of State Condoleezza Rice's trip to Beijing this past weekend, China released a prominent dissident. Rebiya Kadeer had advocated greater rights for the ethnic Uigher community, a Turkic speaking Muslim population in western China. Kadeer, a self-made and very wealthy businesswoman, once was praised by the Chinese government and given official positions. But her activism on behalf of ethnic Uighers apparently raised government concerns about separatism in the impoverished region of Xianxiang. Kadeer is now in the Washington, D.C., area.
Mar 14th, 2005 · China passes a law that would authorize military force to prevent Taiwan from declaring independence. This move intensifies worries among members of the U.S. Congress as the EU considers lifting an arms embargo against Beijing. An EU delegation arrives in Washington to discuss the issue.