A Chinese Currency Revaluation is Just Part of a Needed Rebalancing of the Global Economy
Ads : Nano Technology Netbook Technology News   Computer Software Michael Pettis explains how a chinsese currency revaluation would play out. Michael Pettis is a professor at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets, and a Senior Associate at the Carnegie Endowment for International Peace. * A revaluation shifts wealth from …