Obama Pushes China On Currency, IP Regs At APEC Summit

Law360, New York (November 14, 2011, 1:34 PM EST) -- President Barack Obama on Sunday re-emphasized the need for China to bring its currency valuation and intellectual property protections in line with the expectations of the global trade community, following a speech in which he outlined new policies to increase trade between Asia-Pacific Economic Cooperation countries.

Answering a question from the press on the last day of the APEC summit in Hawaii, Obama reaffirmed China’s need to adjust its artificially devalued Yuan in order to facilitate trade.

“There’s been slight improvement over the last year, partly...
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