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The American Empire in a Changing World



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Thursday, July 28, 2011

"Lawmaker vows look at Communist China trade "abuses"

from reuters........

"A top Republican lawmaker Wednesday said he planned to turn up the pressure on China over a long list of trade "abuses" after Congress returns from its upcoming August recess.

"China ... flagrantly disregards its international obligations and seeks to impede fair commerce at every opportunity," House of Representatives Ways and Means Committee Chairman Dave Camp said in a speech.
Camp told reporters he was concerned about Beijing's currency practices, which many U.S. lawmakers and economists believe gives Chinese companies an unfair advantage.
But he said Congress had made a mistake in the past by focusing exclusively on that issue when there were "far larger" concerns. He promised a broad hearing on China trade concerns before deciding if legislation was needed".............READ MORE

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