The Chinese government on Wednesday criticized the U.S. Congress for passing a law that allows the United States to impose higher tariffs on imports from China and other state-run economies. Lawmakers on Tuesday overwhelmingly approved the measure, which is meant to counteract government payments that many say give Chinese exporters an unfair advantage on the international market.
Chinese Commerce Minister Chen Deming said Beijing is not obligated to follow policies dictated by other countries, and that the higher U.S. tariffs are not in line with international rules. Chen also said China did not impose countervailing measures when the U.S. "subsidized automobile companies in the form of bailouts" during the global financial crisis. U.S. Vice President Joe Biden welcomed Congress' decision on Tuesday, saying it had taken a "clear stand against the unfair trade practices that have put countless American jobs in jeopardy."
2012-03-11 22:34 编辑：crystal156
The US Congress moved closer to punishing China for allegedly manipulating its currency, as a key committee of the House of Representatives voted to advance legislation that could