A surprise meeting between the Chinese vice-premier and the US Treasury secretary yesterday ended with no immediate change in policy but increased speculation about a shift in China's currency regime.
The meeting between Wang Qishan, vice-premier of the State Council, and Tim Geithner, US Treasury secretary, produced only a bland statement saying that the two had discussed a range of issues.
“The two sides exchanged views on US-China economic relations, the global economic situation and issues relating to the upcoming economic track dialogue of the second US-China Strategic and Economic Dialogue, to be held in Beijing in late May,” the statement said.
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