Posted Thursday March 31, 2011

By Ellen Sheng

...Julia Hughes, president of the United States Association of Importers of Textiles and Apparel, said that despite a lot of talk in Washington about an undervalued renminbi, it's "not clear anything will go into law or to the president's deskā€¦there are lots of discussions about currency but not a lot of action."

Hughes said US politicians are more focused on issues such as intellectual property rights and restrictions on rare earth exports these days...

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