The New York Times reports on the current trade U.S.-China trade talks in Washington:
While the talks this week are focused on long-term issues like urging China to adopt market-based economic and monetary policies, Mr. Paulson said, “I want to see specific accomplishments that are clear signposts that we’re headed in the right direction.”
He added that the accomplishments were likely to be in the areas of approving more routes for United States air passengers and cargo, granting financial services companies access to Chinese consumers and clearing the way for the sale of energy technologies, particularly clean-burning coal. [Full text]
See also “Why China Trade Talks Will Go Nowhere” from Forbes.com and Treasury Secretary Henry Paulson’s opening statement.
