中美关系

Biden’s noodles: the latest salvo in the currency wars?

When Joe Biden went for a quick bite to eat at a local Beijing noodle joint last week, it looked like textbook diplomatic PR. Joe and ambassador Gary Locke just wanted to show how ordinary government officials can be.

But was this low-key outing to Yao Ji Stewed Liver just a PR stunt, or a cunning political attack on China’s currency regime?

The US vice-president’s lunch for five included noodles, steamed buns, soft drinks, and some cold side dishes to boot. Yet the tab came to a paltry Rmb79. Even with a 20 per cent tip (as is US custom), the whole lunch still came in return for a crisp red Rmb100 note.

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