China Needs A Currency That Reflects Underlying

An Open, Competitive, And Liberalized Financial Market Can Effectively Allocate Scarce Resources In A Manner That Promotes Stability And Prosperity Far Better Than Governmental Intervention.

For Market Discipline To Constrain Risk Effectively, Financial Institutions Must Be Allowed To Fail. Under Optimal Financial Regulatory And Financial System Infrastructures, Such A Failure Would Not Threaten The Overall System.

I Believe That The Root Cause Of Every Financial Crisis, The Root Cause, Is Flawed Government Policies

Every Global Concern - Economic, Environmental Or Security-related - Can Be Addressed More Effectively When The U.s. And China Work Together.

There's A Lot Of Things We Could Do Better.