WHEN POWERS CLASH: AN AMORAL APPRAISAL OF RMB-USD INTERACTIONS.

The article examines the Global North-South opposition in international finance and the moral underpinnings of arguments directed against China's exchange rate policies. It mentions current monetary structure through the evolution of the Bretton Woods system, the lack of workable international standards. It also mentions China's move toward greater exchange rate flexibility is driven largely by long-term domestic interests.