U.S.-China Talks to Target Trade Gap – David J. Lynch

Vice Premier is heading to Washington for high level trade talks aimed at easing recent tensions over a spate of issues. From USA Today:

Against a backdrop of rising complaints about Chinese trade practices, Treasury Secretary Henry Paulson will kick off two days of Cabinet-level talks here called the Strategic Economic Dialogue.

The American delegation will include nine Cabinet secretaries, the State Department’s No. 2 official, and the chairman of the Federal Reserve. China’s team will be headed by Vice Premier Wu Yi, a powerhouse negotiator, and 14 other senior officials.

All that brass makes the talks special. But with the bilateral trade deficit soaring, China’s critics in Congress want action. [Full text]

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