Partner Quoted in Inside US-China Trade
December 29, 2006
Inside US-China Trade quoted Partner Skip Hartquist in an article, entitled "China Predicts 5% Renminbi Revaluation in 2007, Some Downplay Trade Effect" about Chinese currency revaluation. Mr. Hartquist commented that even with the predicted appreciation, China's currency will remain undervalued by about 40 percent compared to the US dollar. He also discussed the role of the China Currency Coalition ("CCC") as Congress considers legislation related to the currency issue. Mr. Hartquist serves as counsel to the CCC.