George Soros warned recently that a currency war could put the world into disorder more damaging than anything caused by the financial crisis of the 1930s. He’s right. Whether we like it or not, we live in a global system. The zero-sum attitude toward China and its currency is a relic, the remaining of an earlier time when nations defined economic life.
China is far from perfect and seeks its own advantage, but holding it accountable for our domestic problems is beyond outdated. It reflects a dangerous refusal to deal with the world as it is. Retaliating against China over currency will not regain high-end jobs in the U.S., which needs more our own demand. It will not renew construction or retool the American labor force. It will not rebuild rotting bridges or create a next-generation energy network.
Which of the following argument can be supported by the writer?
A. China is the winner in the Sino-US trade.
B. China’s rapid development over the past ten years is based on its low inflation.
C. The world’s economy will benefit from China’s policy changes on its currency.
D. The US will get hurt if it tries hard on damaging China’s economy.
This passage is in a tone that is ____________.
A. in favor of China
B. in the shoes of US
C. blaming China’s low currency policy
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