Published on NCUSCR (http://www.ncuscr.org)
Annual Members Program (New York)

  • May 25, 2010 Registration: 4:15 - 4:30 PM; Program: 4:30 - 6:00 PM; Reception: 6:00 - 6:30 PM
  • Goal: Facilitating the exchange of ideas through educational exchanges & public education
  • Type: Public Outreach
  • Category: Politics & Security, Governance & Civil Society, Economics, Transnational Issues
  • Parent Program: Annual Members Program (New York)
  • 2010 Speakers: Stephen Roach and Martin Wolf

    Venue: Citigroup Executive Conference Center, New York

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descriptive_homepage_headline: 
Stephen Roach and Martin Wolf debate China's currency valuation
homepage_abstract: 

The National Committee's 2010 Members' Program features a debate between two leading experts on China's economy. Their topic: Would a large renminbi revaluation make the world economy healthier?

At a glance info
Date: 
May 25, 2010 Registration: 4:15 - 4:30 PM; Program: 4:30 - 6:00 PM; Reception: 6:00 - 6:30 PM
Event Date: 
May 25, 2010
at_a_glance: 

2010 Speakers: Stephen Roach and Martin Wolf

Venue: Citigroup Executive Conference Center, New York

The value of China’s currency has jumped to the top of the U.S.–China agenda. Although the U.S. Treasury has deferred its April 15, 2010 report on whether China is a “currency manipulator,” legislation has been proposed that would impose tariffs on Chinese exports to the United States if the currency is not sufficiently revalued. The issue has garnered front page headlines and triggered heated exchanges between those on both sides of the debate. Experts disagree about the effect of a revaluation on Sino-American trade, the creation of jobs and inflation in the United States, the global economic recovery, and worldwide imbalances.


The National Committee's 2010 Members' program featured two leading experts who helped shed light on this debate, placing the issue in the global context. Their topic: Would a large renminbi revaluation make the world economy healthier? Stephen Roach, chairman of Morgan Stanley Asia, has urged caution in dealing with China on its currency, publicly sparring with economists and lawmakers who advocate a speedy and steep revaluation and doubting that “a revaluation will cure global imbalances.” Martin Wolf, chief economics commentator for the Financial Times, has written that China is a currency manipulator, that undervaluation creates imbalances and that imbalances hinder global recovery.

Click here [1] to watch a video stream of the event on Bloomberg.com.

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[2]
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2007 Members Program [4]

Through Experienced Eyes: A Discussion on Current Issues in U.S.-China Relations

The 2007 National Committee’s Annual Members Program, Through Experienced Eyes: A Discussion on Current Issues in U.S.-China Relations, surveyed current issues in U.S.-China relations from the perspective of four former Assistant Secretaries of State for East Asian and Pacific Affairs: William Clark, Richard Holbrooke, Stanley Roth and Richard Solomon. The discussion focused on where American and Chinese interests converge and diverge, the challenges of formulating and implementing China policy in the politically charged Washington environment, and how relations with China fit into the broader framework of American policy toward Asia.

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Source URL: http://www.ncuscr.org/programs/annual-members-program-new-york

Links:
[1] http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aAVSuOHmC4JM
[2] http://www.ncuscr.org/files/stephen_roach-cropped_0.jpg
[3] http://www.ncuscr.org/files/wolf_cropped_0.jpg
[4] http://www.ncuscr.org/programs/annual-members-program-new-york#
[5] http://www.ncuscr.org/files/DSC02533.JPG
[6] http://www.ncuscr.org/files/DSC02534.JPG