China under pressure over yuan

High-level US delegation meets Chinese president to discuss currency reform.

Hillary Clinton, the US secretary of state, and Timothy Geitner, the US treasury secretary, are meeting Hu Jintao, China’s president, to discuss a variety of issues to ease tensions in the region, and improve ties between the two powers.

One of the big issues on the table is currency reform. Hu has said China will stick to its plan of allowing the yuan exchange rates to gradually liberalise.

Al Jazeera’s Melissa Chan reports.

Source : Al Jazeera

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