China's Currency Policy, U.S. Senate's Yuan Bill

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Oct. 12 (Bloomberg) -- Michael Buchanan, chief Asia-Pacific economist at Goldman Sachs Group Inc., talks about China's currency policy and the nation's relations with the U.S. The U.S. Senate yesterday passed legislation designed to punish China for maintaining an undervalued currency even as opposition from House Speaker John Boehner casts doubt on whether the measure will become law. Buchanan also discusses China's economy and central bank monetary policy. He speaks in Hong Kong with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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