If you like the role of China in the US economy today...then you should love the new Treasury Secretary according to THIS LINK.
If you think China has been bad for the US economy... Well you're going to have to wait for "regime change" in Washington.
One of the many anomalies that have become part of the mythic US economy is this notion that if China revalues it's currency all will be well... And the US can then start selling them "stuff."
But the whole China adventure has been about de-industrializing the US economy to avoid high cost labor in the US.
Quite frankly the US has very little to sell China...because China and Wall Street have looted the US economy to the bone.
ANY REVALUING OF THE YUAN BY CHINA WILL BE MASSIVELY INFLATIONARY INSIDE THE US ECONOMY...
AND COULD CAUSE HUGE SHIFTS IN THE BOND MARKET...WHICH IS THE HOUSE OF CARDS HOLDING THIS ENTIRE MESS UP FOR THE TIME BEING.
