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| Author | Song Hongbing |
|---|---|
| Language | Chinese, Korean,[1] Japanese,[2] Polish[3] French,[4] Vietnamese |
| Subject | Financial history |
| Genre | Economic history |
Publication date | 2007 |
| Publication place | China |
| Media type | Hardcover, paperback |
| ISBN | 978-957-32-6379-1 |
| Part of a series on |
| Antisemitism |
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Currency Wars (simplified Chinese: 货币战争; traditional Chinese: 貨幣戰爭; pinyin: Huòbì zhànzhēng), also referred to as The Currency War,[5] is an essay by Chinese author Song Hongbing.[6] Originally published in 2007, it gained a resurgence in 2009 and has been described as a prominent exponent of a recently emerged genre labeled "economic nationalist" literature.[7] Some people accused the book of spreading antisemitic conspiracy theories. The premise of the book is that Western countries are ultimately controlled by a group of international bankers, which, according to Song, runs their central banks. It uses the claim that the Federal Reserve is a private body to support its role.
Reportedly selling over 200,000 copies in addition to an estimated 400,000 unlicensed copies in circulation in 2009,[8][9] it was a bestseller in China, reportedly being read by many senior level government and business leaders in the country.[7] Unlike other books within the genre, e.g. Unhappy China, Currency Wars has been received more positively by the Chinese leadership as its recommendations are seen as less aggressive towards the US.[7] It was however criticized as being far-fetched[10] and relying on conspiracism.[11][12] As of 2011, more than one million copies of this book have been sold.[13]
- ^ Note: A Korean translation of the book exists, translated by Cha Hye-jeong (차혜정), titled 화폐전쟁, published in 2008 by Random House Korea (랜덤하우스코리아), ISBN 9788925521190
- ^ Note: A Japanese translation of the book exists, translated by Kawamoto Kayo (河本佳世) and Hashimoto Sekiya (橋本碩也), titled 通貨戦争, published in 2010 by 武田ランダムハウスジャパン, ISBN 427000620X
- ^ Note: A Polish translation of the book exists, translated by Tytus Sierakowski, titled "Wojna o pieniądz", published in 2011 by Wydawnictwo Wektory, ISBN 9788360562451
- ^ Note: A French translation of the book exists, titled "La guerre des monnaies - La Chine et le nouvel ordre mondial", published in 2013 by Le retour aux sources, ISBN 9782355120541
- ^ Wong, Edward (2008-06-17). "Booming, China Faults U.S. Policy on the Economy". The New York Times. p. 1. Retrieved 2009-03-29.
'This time, the Chinese side is trying to change its attitude to be more active, to be more aggressive, to balance the two sides,' said Song Hongbing, author of 'The Currency War', a best-selling if conspiratorial book on the American economy.
- ^ "宋鸿兵简介". sina.com.cn. July 25, 2009.
- ^ a b c Ng, Grace (2009-04-06). "Chinese flip new page in push to be superpower". The Straits Times. Singapore. Retrieved 2009-04-08.[dead link]
- ^ McGregor, Richard (2007-09-27). "Chinese buy into currency war plot". The Australian. Archived from the original on 2008-12-02. Retrieved 2009-03-29.
- ^ McGregor, Richard (2007-09-25). "Chinese buy into conspiracy theory". Financial Times. Retrieved 2009-03-29.
- ^ Cite error: The named reference
FTgdwas invoked but never defined (see the help page). - ^ Cite error: The named reference
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economixwas invoked but never defined (see the help page). - ^ "Currency Wars II". Archived from the original on August 30, 2011. Retrieved June 13, 2011.