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China Hinders U.S. Recovery, Senators Tell Geithner.

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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-16-10 02:38 PM
Original message
China Hinders U.S. Recovery, Senators Tell Geithner.
Source: nyt

As a part of a tough new posture on China, Treasury Secretary Timothy F. Geithner laid out a list of complaints about China’s economic policies on Thursday and urged it to allow “significant, sustained appreciation” of its undervalued currency.

But senators from both parties expressed impatience with the Obama administration’s reliance on persuasion and negotiation, saying such tactics had yielded few gains so far.



Read more: http://www.nytimes.com/2010/09/17/business/17geithner.html?hp
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SILVER__FOX52 Donating Member (460 posts) Send PM | Profile | Ignore Thu Sep-16-10 02:55 PM
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1. Yea, hold back..........
gutless fucks !!!!!!! God damn, I hate these people in Washington, esp Republicans (just to be clear).
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-16-10 03:09 PM
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2. China is hindering the recovery eh?
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blue97keet Donating Member (390 posts) Send PM | Profile | Ignore Thu Sep-16-10 03:18 PM
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3. "urged it to allow" not make it happen or else?
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