U.S. turns down China currency probes in two cases (Reuters)

[Mgtrben news]

Reuters - The U.S. Commerce Department, in a decision that could provoke congressional action, said on Tuesday it did not see strong enough legal grounds to investigate if China's currency practices subsidize its exports.

Source (http://us.rd.*****.com/dailynews/rss/asia/*http://news.*****.com/s/nm/20100831/bs_nm/us_usa_china_currency)