Topic: Chinese Renminbi
WASHINGTON (Reuters) - Lael Brainard won Senate confirmation on Tuesday as the Treasury Department's top financial diplomat, giving her a key role in U.S. efforts to persuade China to adopt a more flexible currency.The Senate approved President Barack Obama's nominee in a ...
US Treasury Secretary Timothy Geithner will make his first official visit to China for talks June 1-2 as the two nations step up a high-level economic dialogue, his office said Tuesday.Geithner will travel to Beijing and meet senior Chinese officials and discuss ...
The United States and China are set for new tensions under Barack Obama amid extra pressure caused by the economic crisis, but will likely work together to iron out their differences, analysts say.Obama's administration could take a harder line on trade disputes ...
President Barack Obama and China's President Hu Jintao have agreed to forge " more positive" ties between their giant nations in their first telephone call since the US leader came to power, a White House spokesman said.White House spokesman Robert Gibbs said ...
US President Barack Obama has set the stage for a possible trade war with China by branding the Asian giant a currency manipulator, a term his predecessor George W. Bush had skillfully avoided despite pressure from lawmakers. "President Obama -- backed by ...