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Old 11-08-2011, 02:19 AM   #1
keep484
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The face of "the occupation of Wall Street" campaign, many politicians in Washington did not reflect on their own policy errors committed, but again opted for a strategy to avoid anger is nothing new in China. In the last week adopted a procedural vote, on Tuesday, the U.S. Senate by 63 votes to 35 votes in the 2011 Reform Act of currency exchange rate surveillance", the bill aims to force the U.S. government on the so-called "exchange rate is undervalued," the major trading partners impose punitive tariffs. Bill by the House of Representatives will then vote, the House leaders had previously said they did not support the bill. The main goal of RMB exchange rate if the final bill passed in both houses of Congress and signed by U.S. President Barack Obama, China's exports to the U.S. products could face export tariffs on a wide range of sanctions.The "chaos added a block," the motion, both seriously interfere with the Sino-US economic and trade relations, but also to revive the world economy is struggling to increase barriers. Many economic experts and officials are the contents of this bill is reasonable and, ultimately, by chance questioned. Perhaps, as they say, if the United States insists, will eventually suffer.




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