Challenging Chinese Currency Manipulation under the IMF Agreement

Elizabeth L. Pettis, American University Washington College of Law

Abstract

This paper examines the option to challenge China’s currency manipulation as violation of the IMF Agreement. It will assess the relative strengths and weakness of this option and will conclude by recommending a course of action that may not quickly resolve the problem but will clarify the law on this issue or will clearly identify the form of currency manipulation utilize by China as an issue that must be resolved by agreement among the G-20 and/or the member states of the WTO.