China’s Currency Manipulation- Excuse or Trade Disrupter
By: china-admin
November 5, 2011
China condemned the U.S. on Wednesday October 12, 2011 after the Senate passed the "Currency Exchange Rate Oversight Act," with a 63-35 majority that threatens to punish China for allegedly undervaluing its currency with retaliatory tariffs on imports from China. Although the legislation refers to countries, it is clearly designed...