[ 2007-07-06 15:05 ]
Presidential candidate and US Senator Hillary Clinton (D-NY) and her
husband, former US President Bill Clinton, greets supporters during the
4th of July parade in Clear Lake, Iowa, July 4, 2007.
Senator Hillary Clinton, a leading
Democratic contender for the US
presidency, has called for frank dialogue with China on issues ranging from
trade to currency to human rights and the environment.
She believes the next US president will be forced to face a dramatically
"We should neither fear a stronger China nor ignore it. That means engagement
and understanding, but also frank dialogue on issues ranging from trade to
currency manipulation to human rights abuses and the environment," she said in a
speech last month at the Center for a New American Security.
Clinton of New York, together with another Democratic front-runner in the November 2008 presidential
race, Senator Barack Obama of Illinois, have joined a congressional push to
punish countries that undervalue their currencies as legislators seek to turn up
the heat over China's currency.
They signed on last week as co-sponsors of bipartisan legislation that was
unveiled on June 13, Senate aides said.
The bill's sponsors include Senate Finance Committee Chairman Max Baucus, a
Montana Democrat, and the ranking Republican, Iowa's Charles Grassley. It would
force expedited action against nations seen as manipulating their currency, such
as exclusion from some contracts and a fast track for new challenges at the
World Trade Organization court.
While the proposed measures would apply to any country, the lawmakers have
set their sights on China. Members of Congress say the Bush administration is
doing too little to pressure Beijing to revalue the yuan, which some believe it
undervalues by up to 40 percent to make its exports more competitive.
"China has manipulated its currency for years in order to gain an unfair
advantage over the United States in trade. Unfortunately, the Administration has
failed to effectively challenge or change China's behavior," Obama told Treasury
Secretary Henry Paulson in a letter last month.
Clinton, meanwhile, believes the next president will be forced to face a
dramatically empowered China.
（英语点津 Linda 编辑）