On October 11， Washington， ignoring the China’s anger and White House warnings， the U.S. Sen ate voted 63-35 to pass the Currency Exchange Rate Oversight Reform Act of 2011， to punish China for alleged currency manipulation， under the name of winning more domestic jobs from Chinese. Many scholars and reports commented it could possible spark a trade war between China and US， the top 2 economic giants in the world. Is RMB really undervalued? Why the US dollar is devalued? Who is buying US national debts by the US dollar printed by the US nation? Can American have more jobs ever after? Has the war started? Let’s hear more voices by Special Report this issue.