China has urged the Obama administration to block a controversial currency bill aimed at putting pressure on the country to appreciate the yuan.
The bill is a protectionist step that “gravely violates World Trade Organization rules,” Foreign Ministry spokesman Ma Zhaoxu said yesterday after the US Senate approved it in a 63-35 vote and sent it to House of Representatives.
Ma said the move was “harmful and unbeneficial.”
Categories: China, United States
The Muslim Times 