Thursday, July 26, 2007

UPDATE 1-US Treasury sees no breakthrough from China visit

(Reuters) - WASHINGTON, July 26 - U.S. Treasury Secretary
Henry Paulson will urge China to move faster to allow its yuan
currency to appreciate but does not expect a major breakthrough
on the issue when he visits Beijing next week, a senior
Treasury official said on Thursday.




Alan Holmer, the Treasury's special envoy to China, told
reporters that the trip was being made to support the
Treasury's strategic economic dialogue with China and was not
focused on near-term results.


Read more at Reuters.com Bonds News

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