Paulson Tries to Pry Open China Markets
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SHANGHAI, China -- When U.S. Treasury Secretary Henry Paulson makes a pitch Thursday for China to drop barriers to trade, he'll be doing so from the gleaming Shanghai Futures Exchange, where only a handful of commodity futures are traded, by local brokers.
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Investing: Taming China's Dragon Market
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XIANGHE, China  - Treasury Secretary Henry Paulson came away from two days of talks on Thursday convinced that China sees the need for a stronger yuan and with a promise that Beijing will open its financial markets a bit wider.
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Can Hank Paulson Bring China and the U.S. Together?
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U S Treasury Secretary Henry Paulson confronted mixed signals as he arrived in China yesterday for trade talks, with Beijing disclosing a renewed crackdown on pirated goods but also running up a record trade surplus with the United States.
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Since becoming Treasury secretary last summer, Henry M. Paulson Jr. has pleaded for patience on the issue of China's currency. Using the high-level contacts he made as chairman of the global investment bank Goldman Sachs, he sought ways to get Chinese leaders to move.
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XIANGHE, China  - U.S. Treasury Secretary Henry Paulson came away from two days of talks on Thursday convinced that China sees the need for a stronger yuan and with a promise that Beijing will open its financial markets a bit wider.
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For the sake of the global economy, China needs to accelerate the pace of currency reform and overhaul its economy to be less dependent on exports, Treasury Secretary Henry Paulson said Wednesday.
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U.S. Treasury Secretary Henry Paulson   said on Saturday that China and key industrial countries share   responsibility for correcting global imbalances and warned   about risks that the global banking system could be used to   finance terror.
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The lesson from Wall Street's recent turmoil for China is that it should open its financial markets to ensure its investors have the tools they need to manage risk, former U.S. Commerce Secretary Donald L. Evans said Friday in Shanghai.
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U.S. lawmakers have resurrected a petition seeking a formal investigation of China's currency policy, in a challenge of the Bush administration's handling of trade relations with Beijing.
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U.S. Treasury Secretary Henry  Paulson on Wednesday said he was pushing China to speed up its  move toward greater currency flexibility, but he wants to  achieve more than that in the next two years.
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U.S. Treasury Secretary Henry Paulson   said on Monday a strong U.S. dollar was in the interest of the   United States and he was not seeking any "quick fixes" on   China's currency situation.
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Federal Reserve Chairman Ben  Bernanke will accompany Treasury Secretary Henry Paulson and  other cabinet officials to Beijing next month to try to  persuade China to alter its economic policies, senior U.S.  government officials said on Thursday.
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China must step up the pace of economic reforms because the rest of the world is growing impatient for it to do so, U.S. Treasury Secretary Henry Paulson said on Thursday.
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Treasury Secretary Henry Paulson said Tuesday that the recalls of tainted Chinese products were causing fear among U.S. consumers. He called on China to take bold moves to address that and other economic problems facing the two countries.
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U.S. Treasury Secretary Henry  Paulson urged China on Tuesday to let its currency rise faster  in value and warned that rising protectionism threatened  U.S.-China relations.