Currency manipulation: US accuses China again


Currency manipulation: US accuses China again

Rediff – With the US Department of Commerce finding that $514 million of Chinese aluminium products imported in 2009 were unfairly subsidised, a key Senator has alleged that China continues to manipulate its currency.

"I am encouraged that the Commerce Department took the first step in standing up for US aluminium workers by recognising that China is unfairly subsidising its aluminium industry.

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