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China warns US of trade war

An angry China warned Washington that passage of a bill aimed at forcing Beijing to let its currency rise could lead to a trade war between the world's top two economies. ||| An angry China warned Washington on Tuesday that passage of a bill aimed at forcing Beijing to let its currency rise could lead to a trade war between the world's top two economies. China's central bank and the ministries of commerce and foreign affairs accused Washington of “politicising” currency issues and putting the global economy at risk after US senators voted on Monday to start a week of debate on the bill.
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