How to deal with China’s ever-growing trade surplus has become one of the key economic policy challenges confronting the United States. The importance of this issue was highlighted by the recent high-level visit to Beijing of U.S. Treasury secretary Henry Paulson and Federal Reserve chairman Ben Bernanke.
At this event, panelists will discuss the global economic implications of China’s trade surplus and examine the policy options available to the United States in working with China to address its trade imbalance, including the possibility of encouraging China to adopt a more flexible exchange-rate policy.