Henry Paulson

China Is ‘Highly Unlikely’ to Devalue Yuan, Yu Says

Following meetings with U.S. Treasury Secretary Henry Paulson, Chinese officials seem unlikely to allow the yuan to depreciate. Bloomberg reports: “It is highly unlikely that China will reverse its course,” Yu Yongding said in...

U.S. Treasury’s Lead Role On China In Doubt

The International Herald Tribune is looking at who will take the job of US Treasury Secretary Henry Paulson Jr. when Obama takes office next month; Mr. Paulson was frequently seen as the “No. 1 China hand” to...

Paulson Says China’s Role in Financial Crisis Critical

Treasury Secretary Henry Paulson said in a speech to the National Committee on U.S.-China Relations Tuesday evening that China would play a significant role in helping the rest of the world recover from financial crisis. James...

Henry M. Paulson Jr.: The Right Way to Engage China

Written by U.S. Treasury Secretary Henry Paulson, from Foreign Affairs: One of the first challenges the next U.S. president will face will be how to respond to China’s emergence as a global power. Some people suggest that...

China Debunks `Domino Theory’ in World Markets

Given all the recent US government bluster about the value of China’s yuan, the topic got startlingly little play in the just-concluded round of talks between the US Treasury Secretary and Chinese Vice-Premier Wang Qishan....

U.S. Treasury Secretary Vows to Press for Change in China

From the International Herald Tribune: Paulson, meanwhile, will be leading a delegation of Cabinet members to meet with their Chinese counterparts in Annapolis, Maryland, next week at what could be the last round of high-level...

Paulson to Meet China’s New Trade Envoy

From AP: Turning attention from efforts to calm the U.S. credit crisis, Treasury Secretary Henry Paulson meets Wednesday with China’s new point man on strained trade ties with Washington — a former star banker who Paulson...

Yuan Slips vs. Dollar But Has Record Quarterly Rise

From Reuters: The yuan dipped against the dollar on Monday, guided by the Chinese central bank ahead of a visit to China by U.S. Treasury Secretary Henry Paulson, but its appreciation in the first quarter is set to be the...

US Treasury Chief Urges China To Revalue Currency – AFP

From AFP: US Treasury Secretary Henry Paulson called Wednesday for an immediate revaluation of the Chinese currency after Beijing announced moves to tighten monetary policy for the first time in a decade. He said that allowing flexibility of the tightly-controlled yuan was critical to cool the world’s fastest growing economy battling serious inflationary pressures. “A […]

China Stand on Imports Upsets U.S. – Steven Weisman

From New York Times: Few American industries have had more success in selling goods to China than makers of medical devices like X-rays, pacemakers and patient monitors. Which is why a recent Chinese decree was so troubling. The directive, issued in June, called for burdensome new safety inspections for foreign-made medical devices ” but not […]

Stocks Open Flat After Asian Sell-Off – Jeremy W. Peters and Wayne Arnold

From the International Herald Tribune: U.S. stocks opened flat Wednesday after a late-session slump Tuesday that led to a sell-off in Asia and carried over in Europe because of concerns about the mortgage industry. The main indexes were fluctuating slightly between gains and losses. Stock markets then fell sharply on concerns that investors are being […]

China Needs Economic Reforms, Paulson Says – Melissa Block

From NPR Despite the recent slide in its growing market, China needs to pursue reforms to open up its economy as quickly as possible, says United States Treasury Secretary Henry Paulson. On the eve of his trip to China, Japan and South Korea, Paulson says he’s more concerned about the broader Chinese economy than the […]



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