US to keep pressure on yuan at APEC
By Zhang Yuwei | China Daily | Updated: 2011-11-10 07:56
HONOLULU - China's currency will continue to be a topic during the Asia Pacific Economic Cooperation (APEC) forum in Hawaii later this week.
Experts say that the United States is likely to keep pressing China to appreciate its currency - a move supported by many US lawmakers.
The US has been criticizing China's "undervalued currency", claiming it is a way China keeps its exports cheap in overseas markets.
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