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China May Retaliate for Currency Measure, U.S. Businesses Say

China may retaliate against U.S. businesses operating in the country if Congress passes legislation intended to force a revaluation of the yuan, representatives of those companies said.

China “is looking for another bad guy” after decades of tension with Japan, Robert Roche, the chairman of the American Chamber of Commerce in Shanghai, said at a briefing in Washington yesterday. “We are going to fit that bill.”