Bloomberg News

China Says It Would Take Action If U.S. Currency Bill Became Law

October 19, 2011

Oct. 19 (Bloomberg) -- China will have to take further action if the U.S.’s proposed currency bill were to be passed into law, Shen Danyang, a spokesman for the Ministry of Commerce, said at a briefing in Beijing today.

The proposed U.S. currency bill seriously violates international norms and would seriously damage ties between the U.S. and China, Shen said.

To contact the editor responsible for this story: Bloomberg News at jliu42@bloomberg.net


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