US Treasury Secretary Begins Visit to China
U.S. Treasury Secretary Paulson has arrived in China for a four-day visit expected to include an appeal for China to speed up reforms to its economy. Officials say Paulson arrived late today (Tuesday) in the eastern city of Hangzhou in Zhejiang province. There he met with provincial Communist Party leader Xi Jinping. The two met previously when Paulson was chief of the investment bank Goldman Sachs.
The U.S. treasury secretary flew into Hangzhou from meetings in Singapore. Before leaving for China, Paulson warned U.S. critics of Chinese economic policies not to expect a "quick fix" to the issues that divide the two nations
U.S. lawmakers are considering measures to punish Beijing for its growing trade gap with the United States. U.S. and European officials say China's currency, the yuan, is undervalued, giving Chinese-made products an unfair advantage over foreign competitors.
美国财政部长保尔森抵达中国进行4天访问,预计,访问期间包括呼吁中国加快经济改革。有关官员说,保尔森星期二晚上抵达东部的浙江省杭州市,并会见了浙江省委书记习近平。两人在保尔森在担任高盛集团首席执行官时曾见过面。
保尔森在新加坡开会后飞抵杭州。启程访问中国前,保尔森曾告诫美国中国经济政策批评人士说,不要指望能“迅速解决”造成两国分歧的问题。
美国国会议员正在考虑采取措施惩罚中国对美国的不断增加的贸易逆差。美国和欧盟官员说,中国人民币币值过低,使中国产品对在外国竞争产品拥有不公平优势。