Scott Eldridge II

Scott Eldridge II
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Paulson’s travels (Part II)

Scott Eldridge II reports:

It should also be pointed out, Paulson is not exactly traveling alone. Here’s the presser from the Treasury Department:

Treasury Secretary Henry M. Paulson and a delegation of Administration officials are in Beijing for the inaugural meeting of the U.S. – China Strategic Economic Dialogue. Secretary Paulson is joined by Commerce Secretary Carlos Gutierrez, Labor Secretary Elaine Chao, Health and Human Services Secretary Mike Leavitt, Energy Secretary Sam Bodman, U.S. Trade Representative Susan Schwab, EPA Administrator Stephen Johnson, and other Administration officials. In addition, Federal Reserve Chairman Ben S. Bernanke will join the Strategic Economic Dialogue discussions

It will be interesting to see what other issues are raised at this dialogue, but looking at the names you could predict that: Gutierrez and Schwab will bring up trade concerns (everything from IPR, investment and trade deficits, to China’s recent completion of WTO accession), Leavitt’s department has been interested in both Avian Influenza and the public acknowledgment of AIDS/HIV in China, Johnson would be interested in China’s pollution and environmental record, which we’ve covered in Guanxi and Bernanke would likely be alongside Paulson on talks on currency controls, and addressing the trade balance. And, as China continues to grow as a global energy consumer, Bodman’s talks will likely focus on coal, oil, and other fuel consumption.

Here’s the full press release

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