Article
Dr. Albert Keidel
{
"authors": [
"Albert Keidel"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "dc",
"centers": [
"Carnegie Endowment for International Peace"
],
"collections": [],
"englishNewsletterAll": "asia",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "AP",
"programs": [
"Asia"
],
"projects": [],
"regions": [
"China"
],
"topics": [
"Economy",
"Trade",
"Military"
]
}
REQUIRED IMAGE
In The Media
Not Everyone Agrees That China Is Trading Unfairly
Published on Apr 18, 2005
Source: Financial Times
Letter to the Editor
Sir, I was pleased to be interviewed for your article "A Dollar Dilemma," but I was disappointed to see that both it and the accompanying piece, "The Clock Ticks in Washington as Friends Drift Away," left the reader with an impression that everyone agrees that China is not practicing fair trade. In fact, like myself and a number of internationally more prominent economists, the World Bank, the International Monetary Fund, and the U.S. Treasury all agree that China's exchange rate does not provide an unfair trade advantage.
The piece relies heavily on quotes from U.S. Congressional sponsors of China sanctions legislation who are understandably concerned about the appearance that China has cost their constituents jobs and profits. It neglects differing views from other reputable sources outside China.
Albert Keidel, Senior Associate, Carnegie Endowment for International Peace
About the Author
Dr. Albert Keidel
Former Senior Associate, China Program
Keidel served as acting director and deputy director for the Office of East Asian Nations at the U.S. Department of the Treasury. Before joining Treasury in 2001, he covered economic trends, system reforms, poverty, and country risk as a senior economist in the World Bank office in Beijing.
- As China's Exports Drop, Can Domestic Demand Drive Growth?
- China’s Fourth Quarter 2008 Statistical RecordArticle
Dr. Albert Keidel
Recent Work
More Work from Carnegie Russia Eurasia Center
- In Russia, Private Companies Have Been Left to Pick Up the Tab for Ukrainian Drone AttacksCommentary
The cost of air defense has become an unregistered tax on revenue for businesses. While military rents are consolidated in the federal budget, the costs of defense are being spread across the balance sheets of companies and regional governments.
Alexandra Prokopenko
- Azerbaijan Looks to Tap Ukraine’s Military Expertise With Raft of New DealsCommentary
Baku’s backing for Ukraine is less about confronting Russia than about quietly broadening the mix of partners it relies on.
Zaur Shiriyev
- Could the Iran War Push Japan to Restore Russian Oil Imports?Commentary
Tokyo would have to surmount a lot of obstacles—not least Western sanctions—if it wanted to return Russian oil imports to even modest pre-2022 volumes.
Vladislav Pashchenko
- The Much-Touted Middle Corridor Transport Route Could Prove a Dead EndCommentary
For the Middle Corridor to fulfill its promises, one of these routes must become scalable. At present, neither is.
Friedrich Conradi
- Russia’s Coal Industry Is Running on Borrowed TimeCommentary
Powerful lobbyists and inertia led to Russia’s coal-mining sector missing an excellent opportunity to solve its structural problems.
Alexey Gusev
