US and Chinese officials, meeting in Washington, are to discuss the need for emerging economies to have more say in the world’s financial system.
US Treasury Secretary Timothy Geithner is meeting Chinese Vice Premier Wang Qishan for a second day of high-level talks between the two countries.
They will also discuss the world trade system and ways to cooperate to prevent a repeat of the economic crisis.
China also expressed concern about the dollar’s role in the financial system.
Mr Geithner said the two countries were committed to building a strong and stable financial system that would lead to more balanced global growth.
Today, we will discuss governance reforms to help the IFIs (international financial institutions) be more representative of dynamic emerging economies, as well as strengthen their capacity to prevent future crises,” he added.
China has long called for greater say at the International Monetary Fund and other bodies.
The two will also discuss ways to prevent the financial crisis leading to a rise in protectionism.
“We call on China and the United States to refrain from taking any protectionist measures,” Mr Wang said before the talks re-convened behind closed doors.
Secretary Hillary Clinton was leading a separate set of discussions at the State Department that were expected to focus on North Korea.
The two-day Strategic and Economic Dialogue, as the talks are known, will conclude later with a news conference.
Differences
While the two sides appear to have found common ground in public, analysts say that differences remain.
In particular, China is worried about the value of the US dollar.
It holds huge amounts of US debt - more than $800bn (£486bn) of US Treasury securities alone.
It fears Mr Obama’s stimulus spending will stoke inflation in the United States, eroding the value of the dollar and making the US debt China holds worth a lot less.
“As a major reserve currency-issuing country in the world, the US should properly balance and properly handle the impact of the dollar supply on the domestic economy and the world economy as a whole,” Mr Wang said.
Meanwhile, US manufacturers complain they cannot compete fairly with their Chinese competitors, accusing Beijing of deliberately devaluing its currency to make its exports seem cheaper.
Sites we Like……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]……
[...]we like to honor many other internet sites on the web, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[...]……
[...]Here are some of the sites we recommend for our visitors[...]……
Great Website…….
[...]We like to honour various web sites on the web, even when they are not linked with us, by linking to them. Below a few webpages really worth checking.[...]…
[...] that is the end of this article. Here you’ll find some sites that we think you’ll appreciate, just click the links over[...]……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]… …
iPhone 5 Release Date…
[...]the time to read or visit the content or sites we have linked to below the[...]…
Iron Man 3 Trailer…
I wanted to develop a comment to be able to thank you for all the magnificent information you are placing on this site. My extensive internet lookup has finally been paid with high-quality points to exchange with my family and friends. I ‘d claim th…
Online Article……
[...]The information mentioned in the article are some of the best available [...]……
Gems form the internet…
[...]very few websites that happen to be detailed below, from our point of view are undoubtedly well worth checking out[...]……
Links…
[...]Sites of interest we have a link to[...]……
Websites worth visiting…
[...]here are some links to sites that we link to because we think they are worth visiting[...]……
Recent Blogroll Additions……
[...]usually posts some very interesting stuff like this. If you’re new to this site[...]……
[...]Sites of interest we have a link to[...]……
[...]usually posts some very interesting stuff like this. If you’re new to this site[...]……
You should check this out……
[...] Wonderful story, reckoned we could combine a few unrelated data, nevertheless really worth taking a look, whoa did one learn about Mid East has got more problerms as well [...]………
Blogs you should be reading……
[...]Here is a great blog you might find Interesting that we encourage you[...]……
Sites we Like……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]……
Kamasz…
[...]here are some links to sites that we link to because we think they are worth visiting[...]…
Online Article……
[...]The information mentioned in the article are some of the best available [...]……
Gems form the internet…
[...]very few websites that happen to be detailed below, from our point of view are undoubtedly well worth checking out[...]……
Awesome website…
[...]the time to read or visit the content or sites we have linked to below the[...]……
Sites we Like……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]……
Windows 8…
[...]here are some links to sites that we link to because we think they are worth visiting[...]…
Websites we think you should visit…
[...]although websites we backlink to below are considerably not related to ours, we feel they are actually worth a go through, so have a look[...]……
Websites you should visit…
[...]below you’ll find the link to some sites that we think you should visit[...]……
Gems form the internet…
[...]very few websites that happen to be detailed below, from our point of view are undoubtedly well worth checking out[...]……
Visitor recommendations…
[...]one of our visitors recently recommended the following website[...]……
Recommeneded websites…
[...]Here are some of the sites we recommend for our visitors[...]……
Sites we Like……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]……
Read was interesting, stay in touch……
[...]please visit the sites we follow, including this one, as it represents our picks from the web[...]……
Related……
[...]just beneath, are numerous totally not related sites to ours, however, they are surely worth going over[...]……
Windows 8 consumer preview…
[...]while the sites we link to below are completely unrelated to ours, we think they are worth a read, so have a look[...]…
[...] that is the end of this article. Here you’ll find some sites that we think you’ll appreciate, just click the links over[...]……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]… …
Online Articles…
[...]The information mentioned in the article are some of the best available [...]……
Cool sites…
[...]we came across a cool site that you might enjoy. Take a look if you want[...]……
Check this out…
[...] that is the end of this article. Here you’ll find some sites that we think you’ll appreciate, just click the links over[...]……
Great website…
[...]we like to honor many other internet sites on the web, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[...]……
Sortir…
[...]just below, are some totally unrelated sites to ours, however, they are definitely worth checking out[...]…
danzig gdansk…
[...]I was very pleased to seek out this web-site.I needed to thanks in your time for this excellent read!! I undoubtedly having fun with every little little bit of it and I have you bookmarked to check out new stuff you blog post.[...]…
Online Article……
[...]The information mentioned in the article are some of the best available [...]……
Check this out……
[...] that is the end of this article. Here you’ll find some sites that we think you’ll appreciate, just click the links over[...]………
Related……
[...]just beneath, are numerous totally not related sites to ours, however, they are surely worth going over[...]……
Links…
[...]Sites of interest we have a link to[...]……
Read was interesting, stay in touch……
[...]please visit the sites we follow, including this one, as it represents our picks from the web[...]……
BITSAT 2012 application form…
[...]here are some links to sites that we link to because we think they are worth visiting[...]…
Sites we Like……
[...] Every once in a while we choose blogs that we read. Listed below are the latest sites that we choose [...]……
Blogs ou should be reading…
[...]Here is a Great Blog You Might Find Interesting that we Encourage You[...]……
Websites you should visit…
[...]below you’ll find the link to some sites that we think you should visit[...]……
Read was interesting, stay in touch……
[...]please visit the sites we follow, including this one, as it represents our picks from the web[...]……
Recent Blogroll Additions……
[...]usually posts some very interesting stuff like this. If you’re new to this site[...]……
Great website…
[...]we like to honor many other internet sites on the web, even if they aren’t linked to us, by linking to them. Under are some webpages worth checking out[...]……
Read was interesting, stay in touch……
[...]please visit the sites we follow, including this one, as it represents our picks from the web[...]……