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Stock Investing Course (AXcess News) Hong Kong - China has accused the U.S. of severely undermining world trade after U.S. politicians said that trade agreements with China were unfavorable, while China insisted that the U.S. needed to comply with WTO ruling.

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Stock Market Game China's ambassador to the World Trade Organization, Sun Zhenyu, made the comment Thursday as tension between the U.S. and China heat up ahead of Chinese President Hu Jintao's visit to Washington next month.

China China Why do travelers visit For tourism, China is one of the fastest growing countries in the world.

Stock Investing Game The Bush administration has refused to recognize President Hu's trip as a "state visit." Chinese foreign ministry spokesman Qin Gang told reporters Thursday that President Hu's visit "is an official meeting and should be recognized by Washington as such."

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Journal Prime Rate Street Wall China's Xinhua news agency quoted Sun as saying from Geneva, "By interpreting and applying WTO national security clauses in an excessive way, it has again seriously undermined the credibility of the multilateral trade regime."

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Stock Market News Sun was in opposition to direct foreign investment objections by the Bush administration due to national security concerns.

Stock Investing Basics "These have dealt heavy blows to WTO members' confidence in the business environment of the U.S.," Ambassador Sun said.

Stock Investing Software Congress had objected to an Arab Emirate-owned shipping company from acquiring control of six U.S. major ports when it signed a deal to buy a British shipping company. The move rallied members of the House and Senate to pass legislation barring any foreign ownership of U.S. businesses deemed to be a threat to national security.

Stock Market Trading China itself has come under fire for its human rights violations and in the U.S. Google, Yahoo!, Microsoft and Cisco Systems were all called before a Senate committee over their involvement in China and in aiding the communist regime in identifying Internet users who violated Chinese law.

Stock Investing For Dummy Sun's comments came as two US senators who have threatened sanctions against China for its trade policies were in Beijing.

Stock Market Crash Democrat Charles Schumer and his Republican colleague Lindsey Graham came to Beijing on Monday after co-sponsoring a bill that would impose tariffs of 27.5 percent on Chinese imports unless China took steps to strengthen its currency.

Stock Investing Tip The senators have argued that the yuan is undervalued by as much as 40 percent against the dollar, making U.S. companies uncompetitive against Chinese rivals.

Stock Market Chart The exchange rate, the senators and other U.S. critics contend, helped to drive up China's trade surplus with the United States to a record 202 billion dollars last year.

Online Stock Investing Graham and Schumer told reporters in Beijing on Thursday they were more optimistic about China's attitude to the yuan after meeting Chinese officials this week but warned more reforms were still needed.

Stock Market Crash Of "We are more optimistic than we were when we came here for one important reason... we have seen the Chinese government and people actually have a convergence with the American people on currency," Schumer said.

Stock Investing For Beginner "But the jury is still out. We will need some concrete signs and movement."

Finance Journal Personal With the threat of the congressional sanctions looming, Graham and Schumer have said the Senate vote could happen as early as March 31, China again urged the United States to show restraint.

Stock Market Report "We should not resort to pressure, and should not try to politicize, magnify and overstate the issues," foreign ministry spokesman Qin said.

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