It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The US Treasury Department is highly likely to label China a currency manipulator in a report due out in mid-April, but the move will be "more symbolic than substantive" to win mid-term Congressional elections in the fall, former US trade representative Susan Schwab told China Daily on Tuesday.
(visit the link for the full news article)
Obama would probably give the nod to the move if only to win over voters," he said.
The US' unemployment rate has been around 10 percent since the onset of the global financial crisis and is expecte
Related News Links:
Related AboveTopSecret.com Discussion Threads:
US willing to look at China currency proposal - The SDR vs $US
[edit on 24/3/10 by plumranch]
As the mid-term election campaign looms, the Obama administration could "easily make China a scapegoat by blaming the country for their own problems," Huo said