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By Stefan Karlsson (Reporter)
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Time To Subsidize Chinese Imports?

Friday, August 17, 2012 7:20
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(Before It's News)

China is selling its foreign currency reserves to limit the drop in the value of the yuan. Since the previous purchases was used as “proof” that China “manipulated” its currency in a way that justified tariffs on Chinese goods, I take it that Senator Schumer and others will now call for import subsidizes now that China intervenes in the opposite direction?



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