United States would, if passed a bill or detonation of the RMB exchange rate u.s. trade war

Analysts: "RMB bills" to raise through force or Sino-US trade war

Beijing some analysts 16, warned that the United States Congress passed the RMB exchange rate on the Chinese export commodities to impose special tariff Act and the possibility of going to the extent of the risk, if the Bill is passed and finally entered into force, the United States is likely to be large-scale trade war broke out.

Analysts say that the United States such as the adoption and entry into force of the RMB exchange rate-related bills, and the World Trade Organization rules have serious conflict, not only raising China's strong appeal, but also very likely to incur the Chinese exports to the United States retaliatory tariffs levied on goods.

Bills in significant losses to both sides, but also as a world economic recovery and future heavy shadows. More worrying is that the United States will exchange rate issues, it is also possible that the two sides fight spread to areas outside the trade to the detriment of a wider range of Sino-US relations, and have a worldwide impact.

93 United States House of representatives sent a letter to 13 petition, urging the speaker of the RMB exchange rate-related bills scheduled polling. 15 and 16 October, the United States Congress on the RMB exchange rate held two field hearings in the next few weeks, will hold a hearing to assess the series is to take action or taken action to address China's exchange rate policy.

China institutes of contemporary international relations Director, who said that the Bill Fengying is political strong action. In the mid-term elections, under the pressure of the possibility of passage clearly significantly higher.

CASS Financial Director of the financial markets-Bo Cao also said that under the current circumstances, a Bill in Congress to adoption of the probability is relatively large. "Now we should go to the best direction, but at the same time prepare for the worst. ”

In the United States Congressional midterm election draws near, the overall economic situation is not very optimistic about the background, the economy, employment, inadequate reasons attributed to the outside, this is often the members of the electoral policy. It is easier to attract voters in the United States.

RMB exchange rate is not a cause-us trade deficit of root cause, nor resolve employment problems in the United States "keys", forcing the Renminbi appreciation does not solve the United States trade deficit and employment issues. Chinese exports to the United States, many products are no longer produced in the United States, and not in direct competition with the United States formed. United States reduce imports from China, the result can only be expanded imports from other countries. 12