BEIJING, April 5 (Xinhua) -- The U.S. decision to delay its report on exchange rate policies could bring a turnaround in the recent currency dispute with China, economists believe.
Treasury Secretary Tim Geithner announced Saturday to delay a report to Congress on international economic and exchange rate policies, which might indicate whether China is manipulating its currency exchange rate. Full story
EU keeps low profile in U.S.-China currency row
BRUSSELS, April 5 (Xinhua) -- When the United States is pushing China hard to appreciate its currency, the European Union (EU) appears not in a hurry to follow Washington's suit since Brussels has more to weigh up.
In a new round of offensive against China's currency policy, a group of U.S. congressmen have recently ratcheted up pressure on appreciation of the Chinese currency Renminbi (RMB), or yuan. Full story
Geithner says U.S. cannot force China to change its exchange rate
WASHINGTON, March 24 (Xinhua) -- U.S. Treasury Secretary Timothy Geithner said on Wednesday that the United States cannot force China to change its exchange rate.
"Well, China is a sovereign country. China is going to have to decide its exchange rate. We can't force them to make that change," Geithner said in an interview with the CNN broadcasting network. Full story
