 |
Definition of 'China Currency Bill'
A potential law passed in September 2011 by the U.S. Senate that would add tariffs to countries - most notably China - found to be undervaluing their currency. The China currency bill's intent is to make imports more expensive from these countries, evening the trade deficit and decreasing the countries' unfair economic advantage. It is a controversial bill because China holds enormous economic clout, as it's one of the U.S.'s top trading partners, and also holds a lot of U.S. debt.
|
 |
Investopedia explains 'China Currency Bill'
There is fear that if the China currency bill passes the House and becomes law, China will respond in kind and spark a trading war with the U.S. and cause another recession. The belief is that if countries, such as China, that artificially peg their currency to the U.S. dollar were to let their currency freely float on the foreign exchange market, their currency would appreciate to reflect their growing economy, making labor and the cost of goods more expensive to import. This would help stem the loss of jobs to countries where production is cheaper.
|
Search results for 'China Currency Bill'
-
http://financialedge.investopedia.com/financial-edge/1011/How-Will-Chinas-Currency-Moves-Affect-The-U.S.aspx
... has tried many different ways to get China to adjust its position on the currency
issue such ... Most recently, the Senate passed a bill aimed squarely at ...
-
http://financialedge.investopedia.com/financial-edge/0310/7-Currency-Blunders-You-Could-Cash-In-On.aspx
... finally the numbers and seals are added when the Treasury gets a currency order
from ... or numbers and seals wrongly printed on the back of the bill." Value: $150 ...
-
http://financialedge.investopedia.com/financial-edge/0210/Life-Of-A-20-Bill.aspx
... lot, according to the Bureau of Engraving, it only costs the US government 6.2 cents
to print one bill, regardless of ... (Learn more about currency in Formulating ...
-
http://stocks.investopedia.com/stock-analysis/2011/Will-China-Extend-Joy-Globals-Cycle-JOYG-CAT-DCI-CMI-CAM-TWI-KMTUY0902.aspx
... curtailing demand, or will acquisitions like China's IMM give ... about 24% on an organic,
constant currency basis), but ... impressive and the book-to-bill was above ...
-
http://www.investopedia.com/exam-guide/series-7/securities-markets/currency-forex-market.asp
... 4.10 Yield; 4.11 Computing T-bill Discount Yield; 4.12 ... currently, the People's Republic
of China is the ... a central bank that intervenes in currency markets by ...
-
http://www.investopedia.com/articles/07/roots_of_money.asp
... China was the first country to use recognizable coins, the first minted coins were
created not too far away in Lydia (now western Turkey). Coins and Currency ...
-
http://financialedge.investopedia.com/financial-edge/1210/5-Failed-Currencies-And-Why-They-Crashed-.aspx
... the Sol with the Inti at an exchange rate of 1,000 to 1. The largest denomination
of the new bill was 1,000 ... IN PICTURES: Top 6 Most Tradable Currency Pairs. ...
-
http://financialedge.investopedia.com/financial-edge/0112/Are-1-Coins-A-Better-Option-Than-1-Bills.aspx
... Back in September, the Currency Optimization, Innovation and National Savings (COINS)
Act was introduced ... The Act seeks to ban not the $1 coin, but the $1 bill. ...
-
http://financialedge.investopedia.com/financial-edge/0710/5-Ways-Debt-Can-Make-You-Money.aspx
... Short sellers like Bill Fleckenstein have made a fortune by properly timing ... Currency
Trading Currency trading allows investors to control large blocks of ...
-
http://stocks.investopedia.com/stock-analysis/2008/Strange_Things_Are_Afoot_In_Emerging_Markets_EEM_ADRE.aspx
... benefit here, either in terms of hedge against home country equity market or currency
depreciation. ... China's annual subsidy bill is expected to nearly ...
|
|
