Lyric Hughes Hale, China Online | February 2, 2009
Sino-US relations have not got off to a good start. ++ US Treasury Sec. Tim Geithner has branded China a “currency manipulator,” a careless move. ++ China is the US’ largest creditor and it is entirely plausible that it will act in its own interests and move its cash elsewhere if pushed. ++ The White House generally looks keen on taking a hard line with China, but now is no time to play the tough guy. ++ As interdependent trading partners, the US and China should engage in the calm, reasoned dialog on which Obama prides himself.