Marketplace: "Senate bill says China's yuan is hurting U.S. jobs"
Posted by scapozzola on 09/30/2011
In an interview on Marketplace Radio, Alliance for American Manufacturing (AAM) Executive Director Scott Paul was asked why he supports a pending bill in the U.S. Senate that would address China's undervalued currency. Paul explained that a revalued Chinese currency would mean more U.S. jobs:
If we were able to revalue the yuan, it would make our exports substantially more competitive, not only in China but also globally.
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