China’s Commercial Competitiveness and Misplaced U.S. Focus on its Exchange Rate

{
  "authors": [
    "Albert Keidel"
  ],
  "type": "testimony",
  "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"
  ]
}

Testimony

China’s Commercial Competitiveness and Misplaced U.S. Focus on its Exchange Rate

By Dr. Albert Keidel

Published on Feb 13, 2007

Source: Testimony before the House Ways and Means Committee

On February 13, 2007 in a hearing before the Trade Subcommittee of the Committee on Ways and Means, Carnegie Senior Associate Albert Keidel discussed how the United States should focus more on its commerical competitiveness with China than on the exchange rate issue.

Click here for the full written testimony.
Click here for the full oral testimony.

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.

Recent Work

Article
As China's Exports Drop, Can Domestic Demand Drive Growth?
- Dr. Albert Keidel
Article
China’s Fourth Quarter 2008 Statistical Record
- Dr. Albert Keidel

Economy Trade China

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie Russia Eurasia Center

Commentary
Carnegie Politika
What the Russian Energy Sector Stands to Gain From War in the Middle East
The future trajectory of the U.S.-Iran war remains uncertain, but its impact on global energy trade flows and ties will be far-reaching. Moscow is likely to become a key beneficiary of these changes; the crisis in the Gulf also strengthens Russia’s hand in its relationships with China and India, where advantages might prove more durable.
Sergey Vakulenko
Commentary
Carnegie Politika
Beyond Oil: Hormuz Closure Puts Russia in the Lead in the Fertilizer Market
The Kremlin expects to not only profit from rising fertilizer prices but also exact revenge for the collapse of the 2023 grain deal.
Alexandra Prokopenko
Paper
A Tight Spot: Challenges Facing the Russian Oil Sector Through 2035
Russian oil production is remarkably resilient to significant price changes, but significant political headwinds may lead to a drop regardless of economics.
Sergey Vakulenko
Commentary
Carnegie Politika
Why Are China and Russia Not Rushing to Help Iran?
Most of Moscow’s military resources are tied up in Ukraine, while Beijing’s foreign policy prioritizes economic ties and avoids direct conflict.
Alexander Gabuev, Temur Umarov
Commentary
Carnegie Politika
Georgia’s Fall From U.S. Favor Heralds South Caucasus Realignment
With the White House only interested in economic dealmaking, Georgia finds itself eclipsed by what Armenia and Azerbaijan can offer.
Bashir Kitachaev

More Work from Carnegie Russia Eurasia Center

Commentary

Carnegie Politika

What the Russian Energy Sector Stands to Gain From War in the Middle East

The future trajectory of the U.S.-Iran war remains uncertain, but its impact on global energy trade flows and ties will be far-reaching. Moscow is likely to become a key beneficiary of these changes; the crisis in the Gulf also strengthens Russia’s hand in its relationships with China and India, where advantages might prove more durable.

Sergey Vakulenko

Commentary

Carnegie Politika

Beyond Oil: Hormuz Closure Puts Russia in the Lead in the Fertilizer Market

The Kremlin expects to not only profit from rising fertilizer prices but also exact revenge for the collapse of the 2023 grain deal.

Alexandra Prokopenko

Paper

A Tight Spot: Challenges Facing the Russian Oil Sector Through 2035

Russian oil production is remarkably resilient to significant price changes, but significant political headwinds may lead to a drop regardless of economics.