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Steering Out of a Smash-Up No One Wants

By Andy Xie
 

[Click for Chinese Version]

U.S. President Barack Obama dramatically altered policy direction during his first State of the Union address by announcing plans to focus fully on creating jobs while doubling exports in five years.

This could put the United States on a collision course with China's export strategy. And a head-on crash, possibly centered on China's foreign exchange rate policy, might occur before America's mid-term elections in November.

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