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US, China Conclude Talks on Currency, Rights, Trade

   VOA News  May 10, 2011
   Treasury Secretary Timothy Geithner, right, and Chinese Vice Premier
   Wang Qishan

Photo: Pablo Martinez Monsivais

   US Treasury Secretary Timothy Geithner (r) and Chinese Vice Premier
   Wang Qishan, attend a meeting with US and Chinese CEO's at the Blair
   House in Washington, Tuesday, May 10, 2011.

   U.S. Treasury Secretary Timothy Geithner says there have been
   encouraging changes in Beijing's economic policies.
   Geithner spoke Tuesday at the end of two days of high level talks in
   Washington between China and the United States.
   The Treasury chief said the U.S. side encouraged China to do more to
   move from an economy based on exports to one more reliant on domestic
   demand. He said China has allowed its currency to rise in value, but
   urged Beijing to allow the currency to gain even more to reach a value
   consistent with the nation's strong economy.
   U.S. Secretary of State Hillary Clinton said the two sides had made
   progress in "candid" talks about many issues, including China's human
   rights record.
   Chinese Vice Premier Wang Qishan said the United States agreed to be
   fair in policies that limit exports of some high technology products to
   China. He also said the two days of dialogue are a success and looked
   forward to closer economic cooperation.

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