China says U.S. policy, not undervalued currency, to blame for economic woes

BEIJING ? The view from Washington, as seen by proponents of the China currency sanctions bill, seems clear: China?s government keeps its currency artificially low. That keeps manufacturing here cheap, which in turn makes Chinese products less expensive. U.S. companies cannot compete. Americans lose jobs.

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Source: http://feeds.washingtonpost.com/click.phdo?i=ca2c511db6fa16f1503f7246696d8309

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