<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Saturday,  May 4 , 2024

Linkedin Pinterest
News / Northwest

Murray: US senators urge China action on currency

The Columbian
Published: January 15, 2010, 12:00am

SHANGHAI (AP) — Sen. Patty Murray says U.S. lawmakers have urged China to tackle currency reforms. They also talked with their Chinese counterparts about such contentious topics as Taiwan and Iran’s nuclear program.

The Washington state Democrat warned Chinese lawmakers in interparliamentary talks that members of Congress face strong pressure to look after their constituents, especially given the weakness of the U.S. economic recovery so far.

After a visit to Beijing and Shanghai, Murray said Friday that in order to help the U.S. economy grow again, America needs “open, fair and good trade with countries like China.”

Murray attended the talks with fellow Sens. Roland Burris, a Democrat from Illinois, and Kit Bond, a Republican from Missouri.

Critics of China’s currency policies contend that Beijing keeps the Chinese yuan undervalued, giving its exports a price advantage and adding to the country’s massive trade surpluses.

Support local journalism

Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.

Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.

Community Funded Journalism logo
Loading...