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Jan 30

President Obama has not exactly started out making a great impression that he will bring U.S.-China relations to a new high – what with unwelcomed vague belligerent references against communist and authoritarian governments in his inaugural speech, followed up by now Treasury Secretary’s Geithner’s sharp tone and use of the legally-loaded term “currency manipulation” in Geithner’s confirmation hearings (I don’t want to get into the “currency manipulation” debate here since we will have specific posts on those topics soon). Continue reading »