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NYT: Trade Tensions With China Shadow G-20 Meeting

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Tags: China, Financial Policy, G20, Trade, United States

Anger toward China's currency, trade and industrial policies has been steadily mounting in Congress, adding pressure on President Obama to take a tough stance with his Chinese counterparts at the Group of 20 leaders' meeting next week in Toronto.

On Wednesday, the House Ways and Means Committee heard from business leaders alarmed about an initiative under which Chinese government agencies would procure high-tech products -- including telecommunications, software and energy-saving equipment -- only from companies that use technologies developed in China.

Read the entire New York Times article here.
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