WASHINGTON: Two top US lawmakers on Tuesday urged President Barack Obama's administration to broaden efforts to pressure China to change its currency practices by raising the issue at a World Trade Organization symposium in March.
"China will not end its currency undervaluation unless the US seizes opportunities like this to insist that it does," the lawmakers said in a letter to Treasury Secretary Timothy Geithner and US Trade Representative Ron Kirk.
It was signed by Senate Finance Committee Chairman Max Baucus, a Montana Democrat, and House of Representatives Ways and Means Committee Chairman Dave Camp, a Michigan Republican.
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