From International Herald Tribune
Treasury Secretary John Snow and the Federal Reserve chairman, Alan Greenspan, the two most senior U.S. economic officials, may prove decisive for economic relations between the two countries.
The talks in Beijing are expected to determine whether the Bush administration brands China a currency manipulator in a crucial report expected to be released in November, despite a decision by Beijing in July to decouple its money, the yuan, from a decade-long peg to the dollar. The move allowed the yuan to rise in value by 2.1 percent.
