Senate Finance Chair Urges Chinese Reforms on Currency, IPR, Etc.
On October 13, 2010, Senator Baucus (D), Chairman of the Senate Finance Committee, met with China’s Vice President and Commerce Minister to urge them to resolve persistent issues in the U.S.-China economic relationship including China’s currency undervaluation, intellectual property right…
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infringement, indigenous innovation policies and unscientific restrictions on U.S. beef. Baucus also went to the People’s Bank of China to meet with the chief regulator of China’s currency, to discuss China’s currency undervaluation.