Chinese Currency Stirs Debate in U.S. Congress

by Corey Flintoff, NPR
April 17, 2006

U.S. lawmakers are looking for ways to make China keep its pledge to re-value its currency. Some U.S. manufacturers say China undervalues the yuan by as much as 40 percent, giving Chinese exports a big advantage in the market. But Congress has decided to delay a vote on taxing Chinese goods.

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