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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (610)	8/30/2003 10:24:35 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

U.S. Business, Labor May Launch Trade Case Vs China Fri August 29, 2003 06:38 PM ET WASHINGTON (Reuters) - A coalition of major U.S. business and labor groups said on Friday it is considering asking the White House to investigate alleged currency manipulation by China, a move that could trigger sanctions if a negotiated settlement cannot be reached. The proposed trade complaint by the National Association of Manufacturers and more than 80 other groups would be the first of its kind based on currency intervention. If filed, it could escalate the dispute, which has become a political issue for President Bush in industrial swing states ahead of next year's elections. asia.reuters.com