GLOBAL TIMES
Beijing on Wednesday slammed a currency bill passed by the US Senate targeting China's yuan policy, saying the "protectionist" legislation would harm Sino-US ties and the global economy as a whole.
"The bill cannot solve unemployment or other economic problems in the US. It is essentially practicing trade protectionism by making an accusation of currency manipulation, which is a serious violation of World Trade Organization (WTO) rules," China's Ministry of Foreign Affairs spokesman Ma Zhaoxu said.