China and the U.S. have slapped each other around over currency before, but now the issue’s come to a head at the G20 summit, which has significantly increased its Asian presence this year. Now, our good Taiwanese friends at Next Media Animation have created a rap video primer for us, featuring Presidents Hu Jintao and Barack Obama. Enjoy:

Thanks to Tyler and 21CB reader Laurel C for the heads up!

• Free Trade, Fair Trade, Formosan Trade
• Bloomberg to America: Stop Blaming China