Ministry Of Commerce: China Will Take Measures To Respond To Us Exchange Rate Bill
The Ministry of Commerce has held a regular press conference.
In the light of
The US Senate passed the renminbi exchange rate bill. Shen Danyang, a spokesman for the Ministry of Commerce, said the United States violated international trade rules seriously and China would take corresponding measures afterwards.
In October 12th, the US Senate passed the currency exchange rate reform act 2011, calling for the government to impose punitive tariffs on major trading partners whose exchange rate is undervalued.
It is generally believed that this is to force the renminbi to accelerate appreciation.
The Chinese government has made it clear that this act is a manifestation of protectionism, and China resolutely opposes it.
China has passed the US Senate.
bill
The solemn stand is clarified.
As a spokesman for the Ministry of Commerce, Shen Danyang has made a two speech. The US Senate has passed a legislative way to force the trading partners to appreciate the currency, which has seriously violated international rules and has deviated from the international obligations of the United States.
Shen Danyang said that if the United States persists in its own way, it will seriously damage Sino US mutually beneficial relations.
Two countries
The long-term interests of the people.
China will have to make further response.
We hope that the United States should not politicize economic problems and not "get sick but let others take medicine", and do not do things that are harmful to others and not selfish.
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