China's Currency Manipulation Issue Tops IPC's Capitol Hill Day Agency


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Northbrook, Ill. — IPC — Association Connecting Electronics Industries announces that the Chinese currency manipulation crisis will be its top priority during Capitol Hill Day, which takes place Wednesday, May 12, 2004, in Washington, D.C.

Under the direction of the IPC Government Relations (GR) Committee, Capitol Hill Day provides IPC members with an opportunity to meet with Congressional representatives and voice their support for legislation that promotes the global competitiveness of the U.S. electronics interconnect industry.

This year, IPC will concentrate its efforts on addressing the trade challenges that face today's U.S. manufacturers. IPC's GR Committee believe many of these challenges stem from China's lack of implementation and compliance of their WTO obligations and particularly their manipulation of the Yuan against the dollar. To address this crisis, IPC, as a member of the Fair Currency Alliance, has actively supported the preparation of a Section 301 trade action to be filed with the U.S. Trade Representatives Office that would compel China to comply.

IPC is a trade association dedicated to the competitive excellence and financial success of its more than 2,200 member companies, which represent all facets of the electronic interconnection industry, including design, printed circuit board manufacturing and electronics assembly. For more information, visit www.ipc.org.

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