Tuesday, April 21, 2009

Running Rings Around the E.U.

This article speaks about the diplomatic agility that China showed at the G20 summit. They view these meetings as a game of chess. This should be no surprise, and this is not meant to fault China. Diplomacy is like a game of chess. Game-theory does and should come into play when negotiation.
At issue was whether or not to replace the US dollar as the global reserve currency. This suggestion does seem quite disturbing, however. Due to the theories that China manipulates its value of its currency, this could be viewed as way of gaining an advantage over the US economically.

http://www.nytimes.com/2009/04/22/opinion/22iht-edfox.html

Labels:

0 Comments:

Post a Comment

<< Home