United States decision to delay its report on exchange rate policies could bring a turnaround in the recent currency dispute with China, economists believe. The report was originally scheduled for April 15. Treasury Secretary Tim Geithner announced Saturday to delay a report to Congress on international economic and exchange rate policies, which might indicate whether China is manipulating its currency exchange rate. U.S. President Barack Obama’s top economic adviser Lawrence Summers said Sunday that Geithner’s decision was a right one as the United States will hold a series of high-profile meetings with China in the next three months.> > Read More U.S.-China currency may turnaround, said by Economist is a post from: Daily World Buzz
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U.S.-China currency may turnaround, said by Economist
