U.S. Treasury Secretary Henry Paulson will leave for China on July 30th to meet with President Hu and Vice Premiere Wu Yi to try to resolve the recent China-U.S. currency problems.
From the Wall Street Journal:
“This trip is part of an ongoing process to strengthen our strategic economic relationship — to address long-term issues such as working with China to rebalance its growth and increase the flexibility of its currency,” Mr. Paulson said in a statement. [Full Text]
[Image: Treasury Secretary Henry Paulson, via wikipedia.org]