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House Condemns China's Currency Manipulation; Urges Administration Action.

This House Resolution expresses the sense that the Chinese Communist Party should be held accountable for knowingly and intentionally manipulating its currency. It supports actions taken by Former Secretary Mnuchin in 2019 to eliminate unfair competitive advantages and calls on the Biden administration to take similar measures to hold the CCP accountable today.
Key points
The House condemns the Chinese Communist Party for knowingly manipulating its currency.
The resolution supports 2019 efforts to engage with the IMF to eliminate unfair competitive advantages.
It calls on the Biden administration to take similar action to hold the CCP accountable.
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Additional Information
Print number: 118_HRES_421
Sponsor: Rep. Santos, George [R-NY-3]
Process start date: 2023-05-18