Paulson Calls for More Flexible Chinese Currency
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Treasury Secretary Henry Paulson will urge the Chinese to adopt economic reforms, including a more flexible currency
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Treasury Secretary Henry Paulson  said on Friday that recent financial market volatility does not  necessarily reflect strong fundamentals in the U.S. economy,  nor those of the developing Chinese economy.
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China pledged to ``push ahead firmly and steadily&#39;&#39; toward a more flexible exchange rate without providing a timetable for the shift from a currency peg that is criticized by the Group of Seven industrial nations.
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Pacific Rim finance ministers called on   Friday for some emerging Asian economies to show greater   currency flexibility to address global imbalances and for the   group to work toward reviving world trade talks.
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The Group of Seven (G7) industrialised nations urges China to be more flexible on its currency.
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China should adopt a flexible exchange rate and it told the Group of Seven last week it would do so, US Treasury Under Secretary John Taylor said on Thursday, but he declined
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U.S. Treasury Secretary Henry Paulson said on Friday that China's reluctance to let its currency appreciate remained a core bilateral issue but claimed some progress in talks on reducing trade imbalances.
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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   urged China on Wednesday to speed up reforms of its economy and   said the booming country would be the biggest beneficiary of   opening its capital markets to foreign investment.
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The US Treasury Department said that China should move to a flexible exchange rate as soon as possible, but stopped short of issuing a formal finding that Beijing is manipulating the exchange value of the yuan.
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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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U.S. Treasury Secretary Henry  Paulson on Monday played down hopes for quick solutions to  sensitive currency and trade issues that plague U.S.-China  dealings as he prepared to lead a high-profile mission to  Beijing.
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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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U.S. Treasury Secretary John Snow on  Tuesday pledged a renewed drive to get countries such as China  to adopt flexible currency rates in order to rein in the  swelling U.S. trade deficit.
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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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U.S. Treasury Secretary Henry M. Paulson Jr. said that China needed to quicken the pace of its economic reforms.