China's currency policy and information overload.(for April)

I'm going to tell you about report from China on its currency policy I've listened to.

According to economic specialists, the most important decision in economy is changing the rate of China's currency, affects not only China's economy, but also other economies, especially economy of USA. That's why, the longest disputes are disputes about attitude of the Chinese currency to the U.S.

Another reason for this is that, as American economists said, China is the one of the greatest country exporting the products of fuel and energy industry, which are very important for other countries, so this product should be cheap for export.

This disputes can bring these countries to falling out. Still remains the question, if China will change its currency. One specialist said:"There is should be cooperation - not confrontation."