World is impatient for reform, Paulson tells China
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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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In the face of growing international pressure, Chinese officials told top US officials on Friday that they would continue to push ahead with plans to float or revalue their currency, but avoided giving a date to begin the transformation.
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U.S. Treasury Secretary Henry Paulson urged China on Thursday to work toward a freely floating exchange rate to help disarm critics of Beijing's trade and currency policies.
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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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China needs to finish reforming its fragile banks before it ends capital controls that limit free trading of its currency, the country&#39;s banking regulator said Wednesday.
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Treasury Secretary Henry Paulson told Congress on Wednesday that the Bush administration was doing all it could to get China to move more quickly on currency reform in the face of a soaring U.S. trade deficit.
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Turbulence in the financial markets will take some time to be resolved, said Secretary of the Treasury Henry M. Paulson Jr. on Wednesday.
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Treasury Secretary Henry M. Paulson Jr. said today that China needed to quicken the pace of its economic reforms.
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The United States needs greater foreign  exchange flexibility from China, U.S. Treasury Secretary Henry  Paulson said on Tuesday as the dollar continued its slide  against most major currencies.
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US Treasury Secretary Henry Paulson called on China Thursday to push through ambitious reforms of its financial markets a week after heavy losses on the Shanghai bourse roiled global equities.
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U.S. Treasury Secretary Henry M. Paulson Jr. said that China needed to quicken the pace of its economic reforms.
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China and other developing countries are demanding a bigger say in the aging institutions that superintend the world economy.
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U.S. Treasury Secretary Henry Paulson said Tuesday that the global economy is as strong as he's ever seen and that reforms in China would help lessen the kind of market volatility that has recently rocked international stock markets.
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Can Hank Paulson Bring China and the U.S. Together?
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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.
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U.S. Treasury Secretary Henry Paulson said on Monday that China has reached "a crucial juncture" as its economy grows and that a delegation he is leading to Beijing will try to ease strains between the two countries.
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China must pursue democratic reforms to defuse economic and social imbalances threatening the country's stability, a former editor of the People's Daily said in a rare open call for political reform.