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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (36227)7/17/2003 6:38:41 PM
From: RealMuLan  Read Replies (2) of 74559
 
U.S. Senators Ask Snow to Investigate China's Currency Policy
July 17 (Bloomberg) -- Treasury Secretary John Snow should investigate whether China is hurting the U.S. economy and breaking World Trade Organization and International Monetary Fund rules by manipulating its currency, four U.S. senators said.

``This investigation is critical to help address the issue of joblessness in our economy,'' Democrats Evan Bayh and Charles Schumer, and Republicans Elizabeth Dole and Lindsey Graham said in a letter to Snow, released in Washington.

quote.bloomberg.com
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Here is episode I of China-bashing.
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