Posts Tagged ‘currency’

Lawmakers looking to push Chinese on ‘currency manipulation’

by Associated Press Published: March 17,2010

Tags: China, Congress, currency, global markets

WASHINGTON — A group of 14 U.S. senators unveiled legislation Tuesday that seeks to increase pressure on China to let its currency to rise in value against the dollar, saying Chinese “currency manipulation” is hurting the U.S. economy. The bill calls for stiff trade sanctions if China does not act. Treasury Secretary Timothy Geithner says […] [...]

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