Sep
17
Geithner: China too slow with currency reforms
Geithner: China too slow with currency reforms
Treasury Secretary Timothy Geithner says that China has been moving too slowly to reform its currency system. In prepared testimony he will deliver before two congressional committees on Thursday, Geithner said the administration is considering what tools it might use to push China to move more quickly to allow its currency to appreciate in value against the dollar.
Read more on AP via Yahoo! News