Sat, Jun 14, 2008 - Page 9 News List

Anti-China legislation loses steam as Congress looks elsewhere

The strengthening yuan and a decreasing trade deficit with the US have weakened the congressional focus on Chinese protectionist industrial policy — for now

By Steven Weisman  /  NY TIMES NEWS SERVICE , WASHINGTON

“We’re certainly getting scrutinized by the Chinese over the way we’ve handled our markets,” said Myron Brilliant, vice president for East Asia at the US Chamber of Commerce. “The Chinese are saying: ‘Why should we completely open our economy and subject ourselves to these challenges?’ It’s made our case more difficult.”

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