U.S. legislators to war against the yuan

The struggle between the United States and China on the currency market is far from over. In a letter to U.S. Treasury Secretary Tim Geithner, and Commerce Secretary Gary Locke, members of Congress asking that the yuan is listed currencies handled in the annual report issued by the Obama administration month next.

"The impact of the manipulation of the Chinese currency on the U.S. economy can not continue," say it does in the letter, questioning the words of Chinese Premier cheapest personal loan rates . They say the Chinese, while leaving their money at low levels, forcing other countries to reassess their own."U.S. exports can not compete with the social dumping of the Chinese about the American producers, they are disadvantaged compared to subsidized Chinese imports.

China keeps its currency stable against the dollar since mid-2008, after a period of slow appreciation.

If they were not to be heard, members of Congress are considering an appeal to the World Trade Organization.

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