What to do about the Yuan

This article looks at Alan Greenspan's comments this week that China's currency peg is unsustainable with a huge accumulation of US dollar reserves standing at $346.5 billion at the end of June. The pace of the increase in flows is astounding, the Asian Wall Street Journal reports.

First published in The Asian Wall Street Journal, 17 July.

It's noteworthy that U.S. Federal Reserve Chairman Alan Greenspan expressed concern Tuesday about China's accumulation of U.S. dollar reserves, but we'd be c