Paulson: China must speed money reform
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Treasury Secretary Henry Paulson insisted Wednesday that new high-level talks with China offer the greatest chance of success in reforming a Chinese currency system that critics blame for soaring U.S. trade deficits.
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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.
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BEIJING, Sept. 19 -- U.S. Treasury Secretary Henry M. Paulson Jr. is fond of recounting stories from his dozens of visits to China as chief executive of Goldman Sachs, a legacy that has fueled expectations he can accomplish a feat that eluded his predecessors: persuading China's leaders to...
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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 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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WASHINGTON : The head of the International Monetary Fund urged China to begin moving toward greater currency flexibility, taking advantage of its booming economic growth pace.
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XIANGHE, China  - The United States and China agreed they need to take steps to boost growth and keep their economies in balance, U.S. Treasury Secretary Henry Paulson said on Thursday.
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BEIJING/WASHINGTON  - A more flexible yuan would not hold back China's growth or cause deflation but would help Beijing rebalance its economy towards domestic consumption, a top U.S. Treasury official said on Thursday.
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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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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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DAVOS, Switzerland  - China told the world on  Saturday it will not rush to reform its pegged exchange rate  regime, dashing hopes for a breakthrough on currency issues at  next week's Group of Seven finance ministers' meeting.
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Why go slowly? "You can burn a lot of money in China very fast," a top executive says.
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Chinaâs central bank said it would gradually promote reforms of the yuanâs exchange rate regime and improve its foreign exchange management this year.
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China says it will move toward a flexible exchange rate for its currency, but there is no word on how long such a transition will take.
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U.S. Treasury Secretary Henry Paulson   will not demand that China rapidly lift currency exchange rate   controls when he visits, preferring dialogue to protectionist   threats, an official Chinese paper said on Tuesday.
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US Treasury Secretary Henry Paulson said Wednesday the world's economy was in good shape despite stock market turmoil as he headed to China and talks on reforms and the currency.
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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.