Financial Times FT.com

China bashing is back with a bang

Published: September 29 2011 20:06 | Last updated: September 29 2011 20:06

The filibuster procedure in the US Senate has been used over many years to prevent decisions on many sensible matters. Next week, however, members of the upper legislative house may override the filibuster to support a deeply dangerous idea.

The Senate’s Democratic leadership has caved in to the demagogues and scheduled a vote on legislation designed to punish China for manipulating its currency, various incarnations of which have been floating around Capitol Hill for years.

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