Latest News:  
Beijing   Sunny/Cloudy    20 / 11   City Forecast


House Speaker warns of trade war risk

(Shanghai Daily)

08:41, October 13, 2011

US legislation designed to press China to let its currency rise poses a "very severe risk" of a trade war and should not be taken up by Congress, House of Representatives Speaker John Boehner said yesterday.

"I understand that people are concerned about the value of China's currency. I'm concerned about it as well," said Boehner. "What I don't believe is appropriate is for the Congress of the United States to take this issue up and to do it within a legislative form."


Leave your comment1 comments

  1. Name

a.puthuparambil at 2011-10-1380.108.126.*
putin will see his aryan counterparts at the cost of africa.yuan can steady with the pawns left, pakistan and iran.butagain an arab pawn syria should economise.

Selections for you

  1. Gary Locke visits primary school in E China

  2. China wins men's team title in gymnastics worlds

  3. UK Apple fans begin to queue outside store for iPhone 4S

  4. South Koreans protest against South Korea-U.S. free trade agreement

Most Popular

What's happening in China

Girl fulfills embroidery dream despite paralysis

  1. China's avg life expectancy reaches 73.5 years
  2. 10,000 expected at matchmaking party
  3. Authorities: 'No licenses, but X-rays are safe'
  4. Taobao chaos after fee-rise protest
  5. Wal-Mart employees arrested after pork scandal

PD Online Data

  1. Challenge to the traditional view of love and marriage
  2. House means happiness? Young Chinese' home-owning dream
  3. Fighting AIDS,China is acting
  4. Worldwide Confusius Institutes
  5. Chinese Qingming Festival