Financial Times FT.com

China tells US to put its house in order

By James Kynge in Beijing Chris Giles in London and James Harding,in Santiago

Published: November 23 2004 02:00 | Last updated: November 23 2004 02:00

China's central bank has signalled the country's growing economic confidence by offering blunt advice to Washington about its ballooning trade deficit and saying China would not be rushed into revaluing its currency.

In an interview with the Financial Times, Li Ruogu, the deputy governor of the People's Bank of China, warned the US not to blame other countries for its economic difficulties.

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