The United States Senate yesterday voted to advance a Bill pressuring China to stop undervaluing its currency. The Senate voted 79-19 yesterday in favour of a final vote on the proposed Currency Exchange Rate Oversight Reform Act of 2011.Senator Sherrod Brown, the lead sponsor of the Bill said, they are one step closer to passing a bipartisan Bill that creates jobs and reduces the deficit by cracking down on China's currency manipulation. The Bill is intended to give Administration officials additional tools to use if countries fail to take steps to eliminate currency misalignment.China has launched a stinging attack on the move by the US Congress. If passed, the law will allow the imposition of retaliatory duties on Chinese imports to the US, if Beijing keeps its currency artificially cheap. Two Chinese government departments issued statements against the US proposed legislation.