Obama Administration May Label China "currency manipulator" ?

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http://news.yahoo.com/s/nm/20100312/pl_nm/us_china_usa_yuan_2

"The latest rhetorical salvoes underlined how long-running friction caused by the yuan's de facto dollar peg could come to a head next month when President Barack Obama's administration decides whether to brand China as a "currency manipulator."

People's Bank of China Vice Governor Su Ning said the United States should look to itself to boost exports and not cast blame on other countries, when asked to comment on remarks on Thursday by Obama, who called on China to move to a "more market-oriented exchange rate."

"We always refuse to politicize the yuan exchange rate issue, and we never think that one country should ask another country for help in solving its own problems," he said.

Obama's rare comment about the currency comes as his administration mulls whether to use the "currency manipulator" label in a semi-annual Treasury Department report due on April 15, which could set in train punitive actions against China."

If this ain't the pot calling the kettle black.

It's like they just are constantly pushing folks domestically and internationally trying to get the crap knocked out of themselves.

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What's this nonsense about a

What's this nonsense about a "defacto dollar peg"?

http://www.telegraph.co.uk/finance/7386391/China-ready-to-en...

"Currency manipulator"

Takes one to know one.

All China has to do is demand payment in full

and quit loaning the US any money.

Do Not Threaten Your Banker

When your banker has a bigger gun with all of your ammo in thier locker.