Brian Mathes has an item on Greenspan’s recent remarks on a yuan revaluation and what it would mean for sunset industries in the US.:

Alan Greenspan’s recent remarks to the Economic Club of New York painted a different picture of what would happen following a Yuan revaluation.
He predicted that an exchange-rate change was imminent, which may be shortsighted given the politicized climate surrounding Yuan negotiations. The State-owned China Daily recently reported that “Pressure on Yuan Revaluation Won’t Work,” echoing sentiments felt by senior Chinese officials.  Bloomberg’s latest contribution reports that investment banks predicted a sooner revaluation, ignoring how pride and politics had gotten involved. Economists should be careful not to overestimate the speed of these now-tense Yuan negotiations….