Thursday, February 4, 2010

U.S. China Tensions Are Now Being Felt On Money/Trade Issues



China Dismisses US Trade Threats -- Voice of America

China has hit back at the United States after President Barack Obama promised to take a tougher line with Beijing over currency and trade.

In the latest disagreement between Washington and Beijing, Chinese Foreign Ministry spokesman Ma Zhaoxu on Thursday said the country's currency was set at a "reasonable level."

And he warned "accusations and pressure" would not help solve the problem.

Read more ....

More News On U.S. - China Relations

China Shows Little Patience for U.S. Currency Pressure
-- New York Times
China hits back at Obama's claims that yuan is undervalued -- The Guardian
China rejects Obama pressure over currency -- The Hindu
China refuses to bow to US pressure -- Euronews
China officials unimpressed by Obama yuan pressure -- Reuters

China-U.S. relations -- UPI
China-US exchange of threats intensifies -- Press TV
China and U.S. clash again, this time over trade and currency -- Digital Journal

Obama vows tougher China stance -- Al Jazeera
Obama Warns U.S. Will Get Tough On Trade With China -- Radio Free Europe

China and the U.S.: Too Big to Fail -- Time Magazine
China v USA: more than froth and bother -- Peter Foster, The Telegraph
Factbox: China, U.S. spar over value of the yuan -- Reuters

No comments: