Talks With China End With Few Signs of Progress on Currency Issue
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The U.S. and China set up several study groups and made general pledges, but did not specifically address Americaâs demand that China stop undervaluing its currency.
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LEEDS CASTLE, England  - Talks aimed at sealing a  lasting peace settlement for Northern Ireland ended without a  comprehensive deal on Saturday despite significant progress on  disarming the IRA, Britain and Ireland said.
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The United States and China struck  civil aviation and financial sector access deals on Wednesday  but they made no headway on the divisive issue of Chinese  currency reform, stoking anger on Capitol Hill.
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French President Jacques Chirac has wrapped up a China trade mission that&#39;s yielded mixed results. Chirac secured big contracts with the Chinese worth about five billion dollars.
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Senior US and Chinese diplomats ended two days of talks Thursday that included the North Korean and Iranian nuclear issues, the Darfur crisis, energy security and climate change.
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The plan for dialogue between high-level teams meant that immediate progress on currency and trade issues was unlikely.
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American and Chinese officials ended two days of economic talks Thursday by calling for calmer heads to avoid trade spats after clashing over who was responsible for Beijing's massive trade surplus.
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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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The dollar fell in choppy trade on  Thursday as traders tried to sort out what a surprise interest  rate hike from China meant for currencies.
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Good news for officials who are trying to cool an overheated economy; austerity measures to remain. BEIJING  - China reported a marked slowdown in investment and money supply growth Monday, but stubbornly
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China has no immediate plans to let the value of its currency rise, despite renewed pressure at a weekend meeting of Group of Seven finance officials, the government said Monday.
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A communique from the G20 group of rich and developing countries made no explicit reference to currency swings on Sunday, despite mounting concern in Europe and Japan over a slide in the U.S. dollar to multi-year lows.
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U.S. Treasury Secretary Henry Paulson   on Monday played down hopes for "quick fixes" in the drive to   persuade China to let its currency rise, damping market   speculation about swifter Asian currency appreciation.
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The United States and Russia made  progress last week in talks on Moscow's long-time bid to join  the World Trade Organization, but not enough to wrap up a deal,  U.S and Russian officials said on Monday.
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China promised on Monday to respond positively to the United States in high-level economic talks this week but drew a line in the sand by telling Washington that its exchange rate is a matter of national sovereignty.
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China has lost faith in the stability of the U.S. dollar and its first priority is to broaden the exchange rate for its currency from the dollar to a more flexible basket of currencies, a top Chinese economist said Wednesday at the World Economic Forum.
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China is making some progress but  not enough toward adopting a flexible currency regime and the  Bush administration will push "as aggressively as necessary"  for more, a U.S. Treasury spokesman said on Thursday.