Moves to increase pressure on policy makers

Bipartisan US group's bill to push forex revaluation

WASHINGTON - A group of 101 US lawmakers have re-launched an attempt to push China into accelerating the process of yuan appreciation, despite its already rapid revaluation since June.

On Thursday, a bipartisan group of lawmakers in the House of Representatives introduced the Currency Reform for Fair Trade Act of 2011. The bill was also introduced in the US Senate.