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Updated Saturday, July 31, 2010 10:35 pm TWN, AFP

Key US House committee to hold China currency hearing

WASHINGTON -- A key U.S. House committee with power over taxes and trade will hold a September 15 hearing to weigh possible new steps to press China over its currency policy, the panel's chairman said Thursday.

House Ways and Means Committee Chairman Sander Levin's announcement came amid deep anger in the U.S. Congress at Beijing, which lawmakers charge is hurting U.S. exports by keeping the yuan artificially cheap.

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