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Would Romney's China policy shift the balance between cooperation and competition?

From NPR "Romney Aims Tough Talk At China, And Obama"

In a Republican presidential debate last year, he said: "China is stealing our intellectual property — our patents, our designs, our know-how, our brand names. They're hacking into our computers, stealing information from not only corporate computers, but from government computers. And they're manipulating their currency."

Romney says he would label China a "currency manipulator" on his first day in office — though it's not clear he could make that official declaration on his first day, since it would need to come from the Treasury Department. And even then, the label would not necessarily carry dramatic consequences.  Read more...

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