China hopes US will 'reconsider' currency bill

Sep. 30, 2011

The evil communists are in favor of free-trade, while the western capitalists are against it. What a joke this country has become. - ChrisBEIJING, China (AFP) - Beijing expressed hope on Thursday that the United States would not pass a bill to punish China over its alleged currency manipulation. [...]China's foreign ministry said it hoped lawmakers would not push through the bill.

"We hope that the two countries can solve problems on the basis of mutual respect and equality and in keeping with WTO (World Trade Organisation) rules, rather than politicising economic trade issues and resorting to trade protectionism," said ministry spokesman Hong Lei.

"We hope the US lawmakers safeguard the smooth development of China-US economic relations... and will reconsider their decision and refrain from pushing through the bill."

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