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Paulson: China committed to yuan reform

(AP/China Daily)
Updated: 2007-08-02 14:03

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He added that the US is looking forward to strengthening cooperation with China in the fields of energy, environmental protection, food safety and finance.

Paulson joined other top Bush aides in a letter on Tuesday to congressional leaders to head off several trade-focused bills that are aimed at pressuring China to revalue the currency to ease the trade imbalance.

The letter was released after Paulson met Wu on Tuesday.

Paulson told reporters late Tuesday night that he warned against sanctioning Beijing over trade disputes and called for more dialogue.

Paulson held another private meeting with Wu last night before leaving Beijing for home.


(For more biz stories, please visit Industry Updates)

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