China a scapegoat for US illnesses
By Paul Kong | China Daily | Updated: 2011-10-20 08:06
Pang Li / China Daily |
The US Senate passed the yuan bill last week on the pretext that Americans are upset over their trade deficit with China and that China is the cause of the high unemployment rate in the United States. Many US politicians consider restricting imports from China a way to solve the country's unemployment problem. It fails to realize that instead of improving employment in the United States, trade protectionism would harm American interests.
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