China hardens

According to Chinese opinions; that will result in serious consequences, if the United States would restrict the import of products and services of Asian countries in America, referring to the low exchange rate of yuan.

According to Chen To-Ming Chinese Minister of Commerce; "no one wins if some put the pressure on China for yuan appreciation." The U.S. Ministry of Finance will publish its half-yearly report on the 15th of April, which also deals with the Chinese economic policy.
The Chinese trade minister said on Sunday, that China would consider sanctions against China as protectionist steps and it would aggravating the risk that the global economy to be in downhill again – reports ProfitLine.hu.