To sell books in China, it does no harm to be highly critical of the US.
Song Hongbing's Currency Wars in 2007 blamed two centuries of financial crises on a shadowy European and American financial elite, while the nationalist Unhappy China was a big hit last year with its claim that the US is “the Mafia don” of the global economy.
One of this year's recent launches, by economist Gong Shengli, also has a nationalist bent but its recommendations might be welcomed in Washington. China is Very Happy is a manifesto for the argument that China's continued rise needs a strong currency.
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