Pressure from the int'l community for a stronger yuan

0 CommentsPrint E-mail, June 24, 2010
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President Barack Obama, with, from left, Sen. Charles Schumer, D-N.Y., Sen. Patty Murray, D-Wash., Sen, Byron Dorgan, D-N.D., and Senate Majority Whip Richard Durbin, D-Ill., listen to remarks at the Democratic Policy Committee Conference at the Newseum in Washington, D.C., Feb. 3, 2010. Obama raised the issue of China's currency exchange rate at the meeting. "One of the challenges that we've got to address internationally is currency rates and how they match up to make sure that our goods are not artificially inflated in price and their goods are artificially deflated in price. That puts us at a huge competitive disadvantage," said Obama. [Xinhua/Agencies]

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