Tag: Currency revaluation

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Exclusive: China Launches Lobbying Push on Currency Bill

With the U.S. Congress debating a bill that would impose tariffs on China for undervaluing the yuan, the Chinese government has launched an unprecedented lobbying effort to influence U.S. policy, Reuters reports:A 12-member “Congressional Liaison Team” inside the Chinese embassy has been meeting with aides to key lawmakers, making phone calls to congressional offices and speaking to t