Chinese Yuan Bill –

The House is attempting to pass legislation directed at the Chinese Yuan.  The goal is to  persuade China to allow their currency to increase in value.  The legislation would consider the undervalued Yuan a subsidy and allow for extra duties to be placed on Chinese goods. 

To read a related Reuters article, please click here:

http://www.reuters.com/article/idUSTRE68S0NJ20100929

James Sutliff

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