BEIJING: China is not to blame for US economic woes, Chinese economic researchers said in state media reports on Saturday, hitting back at US complaints about unfair trade and China’s currency policy.
“The actions and criticism against China makes no sense,” Huo Jianguo, director of the Chinese Academy of International Trade and Economic Cooperation, a Ministry of Commerce think-tank, told China Daily in an interview.
He said the Obama administration had made China a scapegoat to please voters ahead of mid-term elections.
The comments follow US Treasury Secretary Timothy Geithner’s promise to rally other world powers to push China for trade and currency reforms.
http://www.dailytimes.com.pk/default.asp?page=2010/09/19/story_19-9-2010_pg5_24