Concise policy papers and significant research findings by leading scholars, corporate executives, and current and former policymakers.
Download PDF
As the U.S. trade deficit with China balloons, calls are being made in the United States for the Chinese government to revalue its currency, the renminbi (or yuan). The argument, in its briefest form, is that if the renminbi (which has thus far been pegged to the dollar at the approximate rate of 8.3 to 1) is allowed to grow in value relative to the dollar, then Chinese goods will become more expensive, and U.S. goods in China will become cheaper. Theoretically this means that the U.S. trade deficit with China should shrink, and that manufacturing jobs in the United States will be saved.
Renminbi Revaluation Joseph P. Ferguson
The 109th Congress: Asia-Pacific Policy Outlook
Renminbi Revaluation
What Does SARS Mean for China?
Proliferation Risk Reduction in Asia: The Role of Cooperative Science and Technology Exchanges
108th Congress
The 107th Congress: Asia Pacific Policy Outlook
Indonesia in Transition: the 1999 Presidential Elections
China's Accession to the WTO: A Candid Appraisal from U.S. Industry
Coming to Terms with the "WTO Effect" on U.S.-China Trade and China's Economic Growth
The Impact of the Kosovo Conflict on China's Political Leaders and Prospects for WTO Accession
East Asia's Present and Future
East Asia in Crisis: Conference Report
Grounding Asia's Flying Geese: The Costs of Depending Heavily on Japanese Capital and Technology
Azerbaijan: U.S. Policy Options