More Cooperation with China Is Helpful to U.S. Economy

The US dollar’s appreciation is driven by the US economy’s recovery and the Federal Reserve’s monetary policy normalizing, not the recent turmoil in China’s stock market or its shrinking demand for oil. The US should encourage China to stick to its reform plan and introduce more of its experience on risk control and crisis management to China.

Yu Xiang, Research Fellow, CICIR via CHINA US Focus http://ift.tt/1TnyklN