Business and Political News from China and Southeast Asia
Sunday, September 5, 2010 21:34
China: Central Bank Warns Against US “Excuses” for Protectionism
Sunday, February 1, 2009, 21:54
People’s Bank of China vice governor Su Ning responded to US State Treasury accusations that China is manipulating its currency, warning the new Obama government against trade barriers, reported Chinese news agency Xinhua. “These remarks are not only inconsistent with the facts but they are misleading about the reasons for the financial crisis.” The Chinese government fears American trade barriers amidst already slowing demand for Chinese exports.
Source: Xinhua News Agency
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