Hu Jintao in US: Kristof

``Trade is at the heart of the tensions, and China is clearly keeping its currency artificially low (and probably will continue to do so) in an effort to preserve jobs at home. This is destabilizing the international system — but let’s not exaggerate the impact on our own economy. Chinese goods mostly compete with products from Mexico, South Korea and other countries, and it is stealing jobs from those countries more than from America.''

NYT