Scott Eldridge II reporting:
Well two days of dialogue sure can move quickly. The economic talks between Treasury Secretary Henry Paulson and his fellow cabinet leaders and Chinese officials, led by Vice Premier Wu Yi have wrapped up with either consensus on necessary reforms, or China refusing to budge on its positions.
These sorts of talks […]

Read more.

Scott Eldridge II reporting:

The economic dialogue is underway in China, and according to The Washington Post the talks got off to a fiery start, with Treasury Secretary Paulson insisting that China allow the yuan to float according to market forces, and Chinese Vice Premier Wu Yi giving a 20-page opening statement, that covered 5,000 years […]

Read more.

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 […]

Read more.

Scott Eldridge II reports:
Henry Paulson, the U.S. Treasury Secretary, is in China meeting with Chinese officials including premier Wen Jiabao and president Hu Jintao. NPR’s evening news program “All Things Considered” had an interesting piece last night about how Paulson, the former head of Wall Street giant Goldman Sachs has the opportunity to create […]

Read more.