The People's Bank of China said that blaming China's "undervalued" currency will not solve US domestic problems.
China condemned the US on Wednesday after the Senate passed a bill that would punish Beijing for alleged currency manipulation.
The US-China Business Council said that the currency bill passed by the US Senate will do more harm than good.
The US-China Business Council, a leading bilateral business organization, said that the currency bill passed by the US Senate will do more harm than good.
US filmmaker Andre Vltchek said Beijing can help ensure 'global pluralism'
The fate of the bill remains uncertain, as it has to clear the House of Representatives.
China should keep its currency stable amid growing pressure from the United States, and a fast-appreciating yuan will not help to narrow the trade gap between the two countries, neither will it create more jobs in the US, analysts said on Tuesday.
Nike brand President Charlie Denson said on Tuesday that the world's top sportswear maker plans to double sales in China by 2015.
The project worth 1 billion US dollars is invested by China's Tianjin Pipe Corp., one of the world's largest producers of seamless steel pipes.
HOOKSETT, N.H. - Republican presidential hopeful Jon Huntsman called on Monday for a new era of United States global engagement based on strong economic partnerships and a leading role in what he said would be a new "Pacific Century".
Most of Wal-Mart's Chongqing branches have been ordered to pay heavy fines and suspend their business for 15 days after being found to have sold ordinary pork as high-quality pork.
The US bill, if passed, will hamper global economic recovery and further hurt US jobs growth.