China slams US vote
By Xin Zhiming | China Daily | Updated: 2010-10-01 08:08
Trade war fears grow after House of Representatives backs sanctions bill
BEIJING - China on Thursday expressed strong opposition after the US House of Representatives backed legislation that could pave the way for sanctions against China over what the US claims is an undervalued yuan.
Analysts in China said the country is set to retaliate if the bill becomes law. For that to happen, the Senate has to pass the bill and President Barack Obama sign it.
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