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10:15PM

Three makes a pressure group

FRONT PAGE: "Brazil and India join US in urging appreciation of renminbi: Central bank chiefs back US call for revaluation," by Geoff Dyer, Financial Times, 22 April 2010

.

These were words before the recent Group of 20 ministers meet in DC the week before last.

Sebastian Mallaby's quoted point:

If the rich and emerging economies are united in asking China to revalue, it would be harder to dismiss the request as an example of superpower arrogance.

See, America is already learning to work with new great-power allies!

[thanks to Michael Smith]

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