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When China Cheats, We Lose Jobs: Casey

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Sen. Robert Casey, (D-PA), and joint economic committee chairman, discusses Fed chief Ben Bernanke's testimony before Congress, specifically his views on China's "fixed" currency. "I was pleasantly surprised that he was as forthcoming on that issue," says Casey. "He talked about the impact of China's policy on the world recovery." He also added that when China cheats on its yuan valuation, his constituency in Pennsylvania, loses jobs.

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