Saturday, December 18, 2010
Clinton supports bill to force the Chinese yuan appreciation revenge.
<P>: Http://finance. News, Hillary • Clinton (Hillary Clinton) and Barack • Obama (Barack Obama) in the Senate aides said they agreed to jointly support legislation that threatened the bill .Chinese goods trade retaliation, to urge the Chinese government agreed to revalue the yuan. .• • Hillary Clinton and Barack Obama in the Democratic presidential nomination in a leading position. .</ P> <P> analysts said that a sign of this support: in the upcoming election, US-China trade issues are increasingly becoming a political hot spot; but also increased the legislation was "blocked .veto "(veto-proof) majority in the case, the possibility of adoption by the Senate. .</ P> <P> this bipartisan bill by U.S. Senator Max • Max Baucus (Max Baucus), Charles • Grassley (Charles Grassley), Charles • Schumer (Charles Schumer) and Lindsay • .Graham (Lindsey Graham) with an aim to scale each year between the U.S. and China up to a record 232.6 billion U.S. dollars of trade deficit. .Practice is to take measures to address the perceived supporters of the bill, resulting in distortion of trade flows of exchange rate misalignment problems. .</ P> <P> The bill would allow the company to (RMB) exchange rate undervalued, based on import-competing goods to China seeking to impose anti-dumping duties; also called on the United States to the World Trade Organization (WTO) trade brought a new case of alleged .(China) down the RMB exchange rate is equivalent to the purposes of illegal subsidies. .</ P> <P> 4 of the bill proposed by senators in today's British "Financial Times" on the statement of the political significance of the move, and argued that "put a little pressure on the right policy for encouraging the implementation of the .go a long way. " .</ P> <P> Although this four senators against the Chinese, they said, "Tomorrow may be another economy's exchange rate, the consequences are even more serious." .</ P> <P> they said: "The significance of bipartisan legislation, not to punish a country, but to encourage all countries to follow international rules." They said, the existing (RMB) exchange rate policy is outdated and " .violation of the International Monetary Fund (IMF) and WTO principles, and thus on the global trading system poses a serious threat. " .</ P> <P> former Democratic consultant Brian • Boom Nepal (Brian Pomper) said that recognition of the two presidential candidates, the parties will be encouraged to support the bill because "people think Hillary and Austria .Bama is neither isolationist nor a protectionist. " .</ P> <P> Bohm Nepal said that the United States to political concerns about globalization, and China is becoming synonymous with this concern; the support of the bill shows that the attitude of the two candidates for change in China .get even tougher. .Boom Nepal is currently Parven, Pomper & Schuyler, a lobbyist. .</ P>.
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