Throwing caution to the winds

Updated: 2011-10-17 07:59

(China Daily)

  Print Mail Large Medium  Small 分享按钮 0

Comment on "China adamantly opposes US yuan bill" (China Daily, Oct 12)

It's not that the Chinese currency is undervalued, intentionally or otherwise. It's that American arrogance has forced it to overvalue its own labor as well as its currency.

When the United States adjusts its currency to ensure that a bottle of water costs 25 cents, which is what it is worth, it will find itself once again profitable and thriving side by side with China.

Don Rechtman, on China Daily website

Readers' comments are welcome. Please send your e-mail to or or to the individual columnists. China Daily reserves the right to edit all letters. Thank you.

(China Daily 10/17/2011 page9)