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U.S. House of Representatives passes Chinese currency bill

时间:2010-09-30 08:30:56

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    WASHINGTON, Sept. 29 (Xinhua) -- The U.S. House of Representatives(众议院) on Wednesday passed a bill to press China to let its currency rise faster, amid accusations1 that China suppressed the value of its currency and placed a drag on U.S. job creation.
    The House of Representatives Ways and Means Committee backed the proposed Currency Reform for Fair Trade Act last Friday, clearing the way for the full House to take up the measure this week.
    With November's midterm elections approaching(接近) and pressure from recession-weary voters, U.S. lawmakers were weighing bills that would slap sanctions on Chinese goods.
    China Tuesday urged U.S. lawmakers to recognize the importance of Sino-U.S. trade and economic ties and to avoid protectionist measures against China.
    Safeguarding healthy and stable development of the Sino-U.S. trade and economic ties was in the common interest of both countries, said Chinese Foreign Ministry2 spokeswoman Jiang Yu.(本文由在线英语听力室整理编辑)


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