In a veiled threat of a trade war, China expresses "deep regret" over a proposed bill designed...

|By:, SA News Editor

In a veiled threat of a trade war, China expresses "deep regret" over a proposed bill designed to pressure Beijing on its currency policy, saying it "seriously violates rules of the WTO and obstructs China-U.S. trade ties." PBOC maintains that after factoring in inflation, the yuan is now close to a balanced level.