U.S. Treasury Secretary Tim Geithner is meeting Chinese Premier Wen Jiabao and other Chinese officials this week in an effort to narrow the trade gap with China and resolve disputes over the Yuan exchange rate. Geithner commented that China and the U.S. share close relationships on the topic of economic growth, financial stability and nonproliferation. Chinese Vice Premier Wang said that the two countries have a lot of issues to discuss in the areas of economy, finance, trade and investment. Wang said, “Apart from the bilateral aspect, we are also having important cooperation in the multilateral and global arena in the areas of economy, finance, trade policies and also G-20 related affairs.” Read more
