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China warns of trade war if U.S. currency bill passes

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Tue, 04 Oct 11 2:42 AM | 674 view(s)
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Mon, Oct 3 2011

China warns of trade war if U.S. currency bill passes

Related VideoGOP Senator: Obama veto of China currency bill unlikely
Mon, Oct 3 2011
A 100 yuan banknote (R) is placed next to a $100 banknote in this picture illustration taken in Beijing November 7, 2010.

BEIJING (Reuters) - China warned Washington it is "adamantly opposed" to a proposed U.S. bill aimed at forcing Beijing to let its currency rise, saying its passage could lead to a trade war between the world's top two economies.

Credit:
Reuters/Petar Kujundzic

David Stanway and Aileen Wang

BEIJING | Tue Oct 4, 2011 1:00am EDT


link-
http://www.reuters.com/article/2011/10/04/us-usa-china-currency-idUSTRE7911TD20111004




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