Yuan bill passage strongly criticized
By Li Xiang | China Daily | Updated: 2011-10-13 07:57
Fears over trade war and growing protectionism after US Senate vote
BEIJING - China condemned the US on Wednesday after the Senate passed a bill that would punish Beijing for alleged currency manipulation, warning that the proposed legislation risks triggering a trade war.
The bill is essentially trade protectionism, a serious violation of World Trade Organization rules, Foreign Ministry spokesman Ma Zhaoxu said.
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