China on Wednesday rejected U.S. pressure for quick action toward revaluing its currency and criticized U.S. and European curbs on surging textile imports as unfair. "But now the United States and the EU blame China for such rapid growth, and (have) tried to set restrictions on China's textile products. It's unfair," Bo told a group of international executives attending a conference in Beijing held by the U.S. business magazine Fortune. Rich countries should not insist that their trading partners open their markets while keeping their own markets closed in fields where they lack a competitive edge, such as textiles, Bo said. "Such activity is obviously in violation of the WTO principle of 'free and fair trade'," Bo was quoted as saying.