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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (764)9/17/2003 5:22:41 PM
From: RealMuLan  Read Replies (2) of 6370
 
US manufacturers to file trade complaint vs China
Reuters, 09.17.03, 10:16 AM ET
WASHINGTON, Sept 17 (Reuters) - The United States' largest manufacturing group said on Wednesday it intended to file a trade complaint with the Bush Administration against China for currency manipulation.

"The (National Association of Manufacturers) is joining with other industrial and agricultural groups and organized labor to develop a Section 301 trade action against China for its currency manipulation," NAM President Jerry Jasinowski said in a statement.

Asked by reporters if the statement was an expression of an intent to file the complaint, NAM vice-president Frank Vargo said, "we wouldn't start if we didn't intend to file."

Copyright 2003, Reuters News Service
forbes.com
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