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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Geithner to meet top Chinese leaders AFP - Thursday, May 28 WASHINGTON (AFP) - - US Treasury Secretary Timothy Geithner will meet with President Hu Jintao to discuss expansion of ties and current economic turmoil during his trip to Beijing on June 1-2, officials said Wednesday. ADVERTISEMENT The economic pointman of President Barack Obama will also meet Premier Wen Jiabao and Vice Premier Wang Qishan during the visit, his first to China since taking office on January 26. The meetings would involve "a range of issues of importance to both countries, including strengthening US-China economic ties to promote stable, balanced and sustained economic growth in the two nations and further global economic recovery," a Treasury statement said. Geithner will also deliver a speech on US-China economic relations at Peking University and participate in an event at the Beijing Capitol Museum highlighting the role of US companies in Chinas economic development efforts, the statement said. It would also feature cooperation on clean energy, "demonstrating the opportunity both the US and China have to be global leaders in reducing climate change," it said. Analysts believe Geithner will have to grapple with a plethora of issues during the trip, ranging from US suspicion China is manipulating its currency for trade gains to Beijing openly questioning the US dollar's special status as the leading global currency. China has also publicly expressed concerns over the safety of its huge US bond investment holdings worth nearly 800 billion dollars as the United States reels from prolonged recession. Obama came into office promising to talk tough with China on a range of issues, including complaints from Congress that China's manipulation of its yuan currency was fueling the US trade deficit with the Asian giant. But against the backdrop of a bearish economic environment arising from financial turmoil triggered by a US home mortgage meltdown, Geithner appears likely to take a soft approach with China, which remains the top growth driver, analysts said. Email Story IM Story Printable View Blog This Related Articles: China's Economy China unlikely to get better iron deal - FortescueReuters - Thursday, May 28 TOPWRAP 1-Obama says worst over, but debt fears roil marketsReuters - Thursday, May 28 Philippines teetering into recession: officialAFP - Thursday, May 28 New Zealand cancels tax cuts in new budgetAFP - Thursday, May 28 Related Articles: Business India Hot Stocks: MRPL extends gains on resultsReuters - Wednesday, May 27 Yuan down ahead of Geithner's visit, volatilities upReuters - Wednesday, May 27 SCENARIOS-How markets may react to China's May PMIReuters - Wednesday, May 27 Indian shares rise 2.2 pct early on strong AsiaReuters - Wednesday, May 27 No dethroning dollar despite risks-China FX officialReuters - Wednesday, May 27 Enlarge Photo Geithner to meet top Chinese leaders Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Canada's governor eats raw seal heart NZealand zookeeper killed by white tiger: police Climate change: World's destiny at stake Medvedev scolds officials for gloomy forecasts Vitamin D boosts brain power in middle-aged men View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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