China Currency Policy Blasted Some American manufacturers say that China manipulates the value of its currency, the yuan, by pegging it to the price of the U.S. dollar. Critics say that results in a flood of cheap exports to the United States and costs American jobs. The Bush administration is under pressure to persuade China to stop the practice. NPR's Jim Zarroli reports.
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U.S. Companies Blast China's Currency Policies

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U.S. Companies Blast China's Currency Policies

U.S. Companies Blast China's Currency Policies

U.S. Companies Blast China's Currency Policies

  • Download
  • <iframe src="https://www.npr.org/player/embed/1393847/1393848" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Some American manufacturers say that China manipulates the value of its currency, the yuan, by pegging it to the price of the U.S. dollar. Critics say that results in a flood of cheap exports to the United States and costs American jobs. The Bush administration is under pressure to persuade China to stop the practice. NPR's Jim Zarroli reports.