SRES 262
108th Congress
Senate
Foreign Trade and International Finance
Balance of payments
China
Currency devaluation
Foreign exchange
Trade agreements
A resolution to encourage the Secretary of the Treasury to initiate expedited negotiations with the People's Republic of China on establishing a market-based currency valuation and to fulfill its commitments under international trade agreements.
Introduced: November 6, 2003
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 6, 2003
Referred to the Committee on Finance. (text of measure as introduced: CR S14181)
Nov 6, 2003
Sponsor introductory remarks on measure. (CR S14181-14182)
Nov 6, 2003
Introduced in Senate
Plain-English summary
Urges the Secretary of the Treasury to initiate negotiations with the Government of the People's Republic of China to ensure a market-based exchange rate valuation to permit effective balance of payments adjustments and to eliminate any unfair advantage.
Encourages China to continue to act on its commitments to the trade rules and principles of the international community of which it is now a member.
What's happening now
Referred to the Committee on Finance. (text of measure as introduced: CR S14181)
Committees of jurisdiction
1