Paulson Reaches out to China – Eoin Callan

From Financial Times:

Hank Paulson, US treasury secretary, will on Monday begin a series of discussions with industry leaders to hammer out the Bush administration’s policy towards China ahead of a high-level delegation to Beijing next week.

The former head of Goldman Sachs, an investment bank, will on Monday meet executives from manufacturing companies, including Procter & Gamble, before on Wednesday sitting down with financial services companies – including Citigroup – as well as those from other sectors.

A Treasury official said Mr Paulson was “reaching out on his China agenda” before heading to Beijing for a “strategic economic dialogue” that will include top-ranking cabinet officials and Ben Bernanke, Federal Reserve chairman.[Full Text]



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