China threatens trade war with US

posted by
October 4, 2011
Posted in News

"China warned Washington it is adamantly opposed to a proposed U.S. bill aimed at forcing Beijing to let its currency rise, saying its passage could lead to a trade war between the world's top two economies. In a coordinated response, the Chinese central bank and the ministries of commerce and foreign affairs accused Washington of 'politicizing' global currency issues." (10/04/11)  

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