Carl Delfeld

China's Great Missed Opportunity

While a U.S. Representative to the Asian Development Bank Executive Board of Directors during the first Bush Administration, I consistently called for China to "bite the bullet" and privatize its state-owned companies as soon as possible. Representative... Read >

China's Inscrutable Currency Strategy

The move by China's central bank to drop the yuan's rigid peg to the dollar last week on the day of my return after a three-week trip to Asia left a host of questions unanswered. The basket of currencies that will allegedly determine the value of the yuan... Read >