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Analysis: Boehner Stands Firm Against China Currency Bill
Date: 10/13/2011
Written By: Reuters, By Susan Cornwell

Excerpt: A controversial U.S. bill aimed at forcing China to raise the value of the yuan has cleared the Senate but it looks likely to be shelved in the House of Representatives. Other tactics may yet be tried. An attempt by Democrats on Wednesday to append the China currency bill to a free trade agreement with Colombia failed. "On whether he (Boehner) can keep it from coming up, as a procedural matter, yes, as long as he can keep Republicans from signing the discharge petition, which thus far he has been able to do," said Bill Reinsch, president of the National Foreign Trade Council, which opposes the China currency legislation. "Even so, I suspect pressure for action will build up," Reinsch added.