WASHINGTON (Reuters) - Members of the Congress on Tuesday threatened Beijing with duties on some of its exports if it fails to revalue its currency, pressuring the Obama administration to label China a currency manipulator. A bipartisan bill introduced in the Senate ...
Under election-year pressure over trade-driven jobs, US senators unveiled legislation Tuesday that would impose tough new penalties on China if it failed to revalue its currency. The legislation, which enjoys support from both sides of the political aisle, would punish currency manipulation ...
Under election-year pressure over trade-driven jobs, US senators were to unveil legislation Tuesday that would impose tough new penalties on China if it fails to revalue its currency. Democratic Senator Chuck Schumer's legislation, which enjoys support from colleagues of both major US ...
China on Tuesday dismissed calls from US lawmakers for Beijing to be labelled a currency manipulator, saying the value of the yuan was not to blame for global trade imbalances. The comments echoed those by Premier Wen Jiabao, who said at the ...
GENEVA (Reuters) - International calls for China to allow its yuan currency to appreciate take no account of the importance of the country's stability for the region and for the world, a U.N. agency report said on Tuesday. The United Nations Conference ...
China criticizes US pressure over currency, says yuan not to blame for US deficit China on Tuesday rejected U.S. calls to ease currency controls and said criticism would not help efforts to end the global crisis. A Commerce Ministry spokesman repeated Chinese ...
Japan's central bank began a two-day monetary policy meeting Tuesday amid speculation it may announce fresh emergency measures to spur an economic recovery hobbled by deflation and weak demand. The Bank of Japan is widely expected to hold interest rates unchanged at ...
China on Tuesday dismissed calls from US lawmakers for Beijing to be labelled a currency manipulator, saying the value of the yuan was not to blame for global trade imbalances. The comments echoed those by Premier Wen Jiabao at the weekend, who ...
BEIJING (Reuters) - China on Tuesday shunned mounting U.S. demands for a stronger yuan, saying again that its currency is not the cause of its big trade surplus and vowing to keep the currency stable to shore up exports. Beijing and Washington ...
NEW YORK (Reuters) - The euro fell against the dollar on Monday, weighed down by a lack of concrete progress on a financial aid package for debt-strapped Greece. Concerns about further tightening by Chinese monetary authorities also stoked worries about a global ...
