In the midst of increasingly heated election rhetoric about China, Beijing has released some important economic data as its currency hits record highs. Both Mitt Romney and his running mate, Paul D. Ryancriticized the Obama administration for delaying the release of the currency report, with Mr. Romney repeating his claim that “Day 1, I will label China a currency manipulator. We got to get those jobs back and get trade to be fair”.
Bill Bishop is an American who lived in Beijing from 2005-2015. He is the writer of the blogs Sinocism, where he collects links to news and interest pieces on China, and Digicha, where he writes...