And we have an alignment of interest where China's success and growth is very much in the interest of the United States and vice versa. And so I would say that in that regard, the communication has never been stronger. And China has acted in a very responsible way throughout the last 12 months. And I think that communication will continue. So Since July of 2005, the Chinese currency has appreciated about 21% on a nominal basis relative to the dollar, about 18% on a real trade weighted basis. (03:27–03:34)
CLAIM
Asserts that China has acted responsibly in the past year.
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