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China stated that the appreciation of Yuan will not solve trade imbalance with United States. China have continued to execute monetary policy to curb its inflationary pressure.

While Chinese officials said they will take measures to solve trade imbalances between the United States and China, they also said that the appreciation of the Yuan will not solve trade imbalance.

The US Congress is expected to back a set of punitive tariffs on Chinese imports in order to compensate for the artificial lowering of the value of the yuan. China's currency makes its products very cheap. The US is engaging in this protectionism in order to protect domestic workers.

This article mentions a possible tariff to be applied on cheap chinese products in the US. Such protectionism would result in higher prices for consumer, and possible retaliation from China.

This article talks about the different auto companies that exist in China. This refers to this week's topic because the market for cars in China is an oligopoly. The companies in this oligopoly however work together to make China the biggest auto market in the world.

The price controls implemented on products like seamless steel pipes have caused a glitch in fair trade worldwide. As a result, imports from China have surged and domestic producers have accused the Chinese government of setting unfairly low prices. Another problem undergoing scrutiny is whether or not Beijing has been manipulating its currency.

In an effort to combat what is seen as deliberate action on the part of the Chinese government to keep that value of its currency artificially low to improve the competitiveness of exports in foreign markets, The US has considered devaluing its own currency. This has led to criticism from China and Russia.

Global Warming is a market failure of all times that is universal to all human population. Barack Obama visited China to negotiate about the promotion of low-carbon emissions. US and China are one of the few countries who haven't signed the Kyoto Protocol and the top emitters of green-house gases. Because of such emissions, negative externalities are starting creep into national economy in various ways, especially the climate change that have severe affect on crop production.

This is an example of a negative externality created by the rapid industrialization of China. This externality is created because the market price does not take into account the costs incurred by third-parties not involved in the transaction. In this case polluted waters damage the natural environment and pose a hazard to the people, but corruption and lack of legislation means that little is being done.

This article mentions one oligopoly, relating to the internet, in which several competitors, including Google, eBay, Yahoo, have found several barriers to entry the market in China due to censorship.

Clean air is a public good, as it is non-rivalrous and non-excludable. The provision of clean air is a massive problem in China, because its rapid industrialization and high output has come at the cost of the environment, and subsequently created large amounts of toxic waste that is being released into the air and the water.

This article focuses on the many carmakers who are moving production to China. This is an example of capital flight, as the factories are moving from Western countries to China.

Although this article does not mention any monopoly as such, the word 'merger' did capture my attention, since we studied the concept in the present chapter. In the article, the author is explaining the coming co-operation between two of the most important airlines in China; I have thus implied that these airlines are merging in order to become something close to a monopoly, since they do not want to risk competition uncertainties.

China's trade partners are asking for a stronger currency to help with trade imbalances. China, however, says it will adjust its currency policy if it the yuan's appreciation is contributing to the nation's trade deficit.

Against a backdrop of stubbornly high unemployment, both major political parties in the US have picked out China as a target for anger and, perhaps, protectionism. Concerned that cheap Chinese industries are usurping US jobs, politicians are threatening protectionist measures.

In this article, China's desire to overcome the crisis through economic growth is shown, as it has increased exports enormously, to increase injections, up to reaching number one in the whole world, on top of Germany.

This article is about the macroeconomic goal of maintaining stable price levels. Inflation is where there is so much money that it lessens in value. China is currently experiencing this. They are attempting to combat it and stabilize price levels by lessening the availability of credit. If less loans are available, then less money will be spent, and money will retain its value.

American politicians are hoping for concessions on currency rates from China at talks this week. They believe that the Chinese government controls its exchange rate to keep its currency artificially weak, giving Chinese exporters an advantage.

Because the US citizens are not using natural gas, the Energy Information Administratino reported that the gas is nearing the US storage capacity. The price for natural gas is severely dropping and may drop even more. However, it is assumed that the price for natural gas to spring back as winter approaches. Because of such cheap price, people will choose to use natural gas in the coming winter.

Australia wants to limit foreign stakes in big mining companies. These limits are aimed mostly at China, after several political and business arguments. These limits are a form of price control, as the Australian government is intervening in the market.

After G20 summit discussing the aftermath and the resolution for the ecnomic crisis that left great impact in the world market, countries agreed to establish tighter regulations over financial institutions and made advices for specific countries for improvement. For example, Japan and China were encouraged to reduce their dependence on exports by promoting products domestically. Quotas like these are examples of price controls in a world wide scale.

Malaysia is planning to join on the Trans-Pacific Partnership that United States is pushing to help its companies compete with counterparts in China and Europe.