9
April
US-China held constructive yuan talks: report
9 April 2010 Yahoo News
US Treasury Secretary Timothy Geithner held constructive talks on the yuan in China, prompting optimism that Beijing could soon move to change its exchange rate policy, a report said Friday.
Geithner made a quick visit to Beijing late Thursday for a meeting with Chinese Vice Premier Wang Qishan, the cabinet official in charge of economic and financial issues, that lasted for more than an hour.
The two sides issued nearly identical brief statements after the talks, saying they had discussed economic relations and the global financial situation, but neither country specifically mentioned the Chinese currency.
