G20: America and China Face Off, Economically

Thursday, November 11, 2010

U.S. President Barack Obama arrives at the Seoul Airport for the 2010 G20 Summit on November 10, 2010 in Seoul, South Korea. (Chung Sung-Jun/Getty)

The G20 Summit started earlier today in Seoul, South Korea, and high among the story lines we're watching is the economic skirmishing between China and the U.S. The U.S. has long been critical of how China has dealt with its currency, accusing China's central banks with keeping the RMB artificially low. China and other countries, meanwhile, are not happy with some of the White House's fiscal policies, most recently the Fed's plan to pump $600 billion back into the sluggish U.S. economy.

Wall Street and finance reporter for The New York Times Louise Story, has the latest on this ongoing economic wrangling.


Louise Story

Produced by:

David J Fazekas

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