declaration of money war ?

@andygogo (1580)
January 2, 2007 1:40pm CST
Is this to value as a signe of a forthcoming monetary war ? -------------------------------------------------------------------------------- June 7, 2005 Congressial Leader Says Lawmakers May Need to Act on China Currency By REUTERS Filed at 10:00 a.m. ET WASHINGTON (Reuters) - Congress may need to pass legislation to back up the Bush administration's demand that China move to a more flexible exchange rate, the chairman of the U.S. House Ways and Means Committee said on Tuesday. ``We have to let China know, probably from a legislative position, that the recent administration exhortations are supported by Congress,'' Bill Thomas, a California Republican, said in remarks at a U.S. Chamber of Commerce breakfast. Action on China legislation may also help the chances of Congressional approval of a U.S. free trade agreement with Central America and the Dominican Republican, he said.
No responses