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Paulson Is Running Out of Time in Talks With China

 
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Author Paulson Is Running Out of Time in Talks With China
HenryTo
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PostPosted: Sun May 20, 2007 10:40 pm    Post subject: Paulson Is Running Out of Time in Talks With China Reply with quote
Congress getting impatient with the Chinese government's unwillingness to budge on the currency issue.

http://www.bloomberg.com/apps/news?pid=20601100&sid=aQEWTn_PlIhM&refer=germany

Quote:
Tomorrow, the U.S. Treasury secretary opens a two-day meeting in Washington with China's top economic officials, the second such gathering of his term and the first on U.S. soil. After December talks in Beijing failed to produce the progress Paulson wants, his strategy of seeking to coax policy changes will now play out in direct view of members of Congress who demand he employ a cudgel rather than persuasion.


Quote:
Still, Paulson has become resigned to the probability that Congress will act. Punitive legislation is ``not just a possibility'' but a ``likelihood,'' he said in a speech May 2.
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rffrydr
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PostPosted: Wed Dec 12, 2007 10:17 pm    Post subject: Reply with quote
We get the lecture:

http://www.ft.com/cms/s/0/f9990974-a881-11dc-ad9e-0000779fd2ac.html
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rffrydr
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PostPosted: Sun May 27, 2007 8:44 pm    Post subject: Reply with quote
Things are developing outside trade; condemns Pentagon Report:

http://www.ft.com/cms/s/d27d670e-0c69-11dc-a4dc-000b5df10621.html
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