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Home >> Business
UPDATED: 17:04, September 15, 2006
China refutes US senators' criticism on China's currency regime reform
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Intertwisting the issue of China's currency regime reform with US's growing trade deficit with China is "adverse to both sides", a spokesman with the Ministry of Commerce said Friday.

"The current friction in Sino-US trade is normal," spokesman Chong Quan told a press conference in Beijing on Friday.

The response came after two US senators threatened Thursday to push for a vote on punitive tariffs against China for making little progress on reforming its currency regime.

Source: Xinhua


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