U.S. officials continue to pressure China over its currency policy. In Beijing Thursday, the U.S. ambassador to China repeated Washington's frustration over Beijing's policy of keeping its currency artificially low in order to boost exports.
LINDA WERTHEIMER, host: NPR's business news starts with tension between the U.S. and China.</s>LINDA WERTHEIMER, host: U.S. officials continue to pressure China over its currency policy. In Beijing today, the U.S. ambassador to China repeated Washington's frustration over Beijing's policy of keeping its currency artificially low in order to boost exports. Earlier this week, more than a hundred U.S. lawmakers demanded sanctions against China, unless Beijing allows its currency to rise. But a Chinese trade group countered today by saying that a higher yuan would force many Chinese exporters to go bust.