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China's premier apparently taking a page from jets coach Rex Ryan is ratcheting up the rhetoric ahead of this week's big meeting in Washington.
Few Jintao slamming both the US dollar policy.
And our Federal Reserve.
-- -- Well more calm and joins us to host yeah I don't think slamming but it was still pretty you have to hope he's not as successful as Rex Ryan let's face it will -- -- point.
Anyway when Chinese President Hu Jintao will arrive in DC tomorrow night.
Yeah he's already talking smack about the valuation of the U Juan critics say Beijing unintentionally.
Iowa and potentially that is.
Undervalues its -- close to boost exports and many claim it comes with the cost of American growth and jobs now.
Responding to written questions on the Wall Street Journal the Washington Post ahead of his visit.
The Chinese president rejected arguments for you on appreciation in fact.
President who went on to criticize the -- some recent decision to pump 600 billion dollars into the US economy.
Saying quote the monetary policy of the United States has a major impact on global liquidity and capital flows and -- -- The liquidity of the US dollar should be kept at a reasonable -- stable level.
How ironic in 2010 by the -- China's -- -- with the US.
More than 252.
Billion dollars now who also called the international currency system a product of the past.
But he suggested the dollar would nevertheless remain the reserve currency of choice for some time is it would be a fairly long process he says before China's currency could become a plant.
Meantime a -- the US senators say I'm not there's an off the time has come to US congressional action on China's currency policies with a bit old before.
Democratic senator Chuck Schumer though of New York says quote there's no bigger step weakened state to preserve the American dream.
And promote job creation particularly in a manufacturing sector -- to come from China's manipulation.
All of its currency Schumer goes on to say that Beijing's currency practices if Chinese companies and -- -- price advantage.
In trade and have acted like a boot on the throat of US economic.
Recovery you know what the words the rules so familiar -- -- this time and time again.
Nothing has changed this'll probably president who's lost its United States is expected to step down in 2012.
So -- to see who takes over there but I don't think the rhetoric won't change at all yet no -- it looks like for the Chinese currency revaluation and Ashley Webster thank you very much.
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