If you’ve been listening to the radio, watching television, or reading newspapers this week, you’ve probably come across a lot of coverage about the Pope’s travels in the United States. But you may have heard a lot less about the President of China—who arrived the same day. HPR’s Bill Dorman fills you in on some details in today’s Asia Minute.
Xi Jinping’s first big event in America was a policy speech, which got a lot of coverage...in Asia.
Xi ruled out a short-term currency devaluation saying, “there is no basis for continuous depreciation.”