Krugman on China

I don't want to turn this blog into some kind of pro-China rant but I keep reading so many occidentcentric articles that just fail to see things in any kind of balanced way. Krugman says that China should revalue the Yuan. In the long-term I agree, as the Chinese currency is clearly undervalued. And China was doing exactly that prior to the Global Financial Crisis when they halted abruptly:The