Yuan not cause of US economic woes, says Huo

Editor's note: The nation's currency policy was at the focus of discussions at the Congressional hearings in the United States this week. Some US lawmakers had called for tough measures against China for allegedly subsidizing its exporters by undervaluing the currency.

China Daily reporters Ding Qingfen and Gao Changxin spoke to Huo Jianguo, director of the Chinese Academy of International Trade and Economic Cooperation, a think-tank of the Ministry of Commerce to understand the reactions to the US moves, China's currency policy and Sino-US economic relations.

The United States has been pressurizing China to appreciate its currency and is blaming the currency policy for its trade deficit. Do you think such measures are reasonable?