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China to talk currency, procurement reforms with US

WASHINGTON — China acknowledged U.S. concerns about cyber theft of intellectual property and trade secrets and agreed to steps that would open its financial and government procurement markets, the U.S. Treasury Department said on Friday.

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Romney seeks more assertive US policy on China

Republican presidential contender Mitt Romney is promising to get tough on China to help American workers, but his plans could backfire. Romney is pledging, on his first day in office, to designate China a currency manipulator, a step no administration has taken against any country for 18 years.

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The U.s.-china Exchange Rate Squeeze

Why the currency issue between the United States and China never seems to be resolved, even though many problems would go away if it were. (17 mins ago)

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