Posted Thursday March 31, 2011
ByEllen 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 desk…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...