US criticism on China's currency regime reform rebutted (Xinhua) Updated: 2006-09-15 16:31
BEIJING -- Intertwisting the issue of China's currency regime reform with
US's growing trade deficit with China is "adverse to both sides", a spokesman
with the Ministry of Commerce said Friday.
"The current friction in Sino-US trade is normal," spokesman Chong Quan told
a press conference here on Friday.
The response came after two US senators threatened Thursday to push for a
vote on punitive tariffs against China for making little progress on reforming
its currency regime.
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