Is the worm finally starting to turn on China?
Today's WSJ had this headline:
While over in the NY Times, Paul Krugman lays out a case for a 25 percent tariff on Chinese goods if China doesn't allow its currency to find its actual level. (On his blog, here. The economic terms may scare some people off, but there isn't a clearer description of what China has been doing over the last decade anywhere on the web.)
Business Sours on China Foreign Executives Say Beijing Creates Fresh Barriers; Broadsides, Patent Rules
I don't expect to see a tariff or companies pulling out of China any time soon, but there's at least some hope the country will be looked at more realistically.