Complex China-U.S. currency issue explained in bizarre news animation. "Need a primer on the issues? Check out our US-Sino Currency Rap Battle, featuring Chinese president Hu Jintao and American president Barack Obama.
China has mad stacks of US Treasury debt and fears America will inflate its way out the hole by weakening the greenback further.
The US, on the other hand, says China is keeping its currency artificially undervalued to protect its exports.
It's a battle for the ages. And everything you need to know about US-Sino trade relations can be learned right here."
posted by Fizz
on Nov 10, 2010 -