The world has followed Obama's recent visit to Asia, especially his visit to China, with hopes that Asian currencies would be allowed to appreciate over the short term. China's Renminbi has been re-pegged to the U.S. dollar since mid 2009 and should be allowed to appreciate vs. the dollar, as every major currency has over the past six months.
The video below from Bloomberg dissects the U.S. president's visit in global financial market context with commentary from some of the most respected talking heads of the past two years.
Click here for standalone player
Having trouble with the video? Here's the link to the player on Bloomberg.com...
http://www.bloomberg.com/avp/avp.htm?N=av&T=Obama,%20Hu%20Own%20Words%20on%20Cooperative%20U.S.-China%20Relations&clipSRC=mms://media2.bloomberg.com/cache/vSkWd1AKW_gM.asf
