Faculty News
Professor Joseph Foudy offers his perspective on the US Treasury's designation of China as a "currency manipulator"
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Excerpt from Xinhua -- (translated from Chinese using Google Translate) "Joseph Foudy, a professor at the Stern School of Business at New York University, said that in recent years, China has always been committed to keeping the RMB exchange rate basically stable. The US’s move to list China as a 'currency manipulator' is a political act and the US has upgraded its economic and trade frictions."
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