Is the U.S. Treasury Measuring Trade Imbalance With China the Right Way?

The U.S. Treasury department has released a report on currency policy and trade between its major partners, selectively picking rules from the IMF’s list of currency manipulations actions to its advantage. To fix the porous global currency system, the Obama Administration should sit down with China and re-write multilateral rules and create a diverse supply of safe globally traded assets.

Sourabh Gupta Resident Senior Fellow, Institute for China-America Studies via CHINA US Focus http://ift.tt/25jCNNu