Home>News Center>China
           
     

    Snow expected in Beijing for talks
    (China Daily)
    Updated: 2005-10-05 07:23

    US Treasury Secretary John Snow will be in Asia next week for high-level talks in Japan and China including a meeting of the Group of 20 nations, the US Treasury said.

    Snow's week-long tour will start in Tokyo next Monday and Tuesday where he will hold talks with Finance Minister Sadakazu Tanigaki on Japan's nascent economic recovery as well as regional economic issues.

    Snow will then travel to Shanghai for three days to meet senior Asian and US banking leaders based in the region. He will also visit the stock exchange and a new office for foreign exchange trading in China's financial hub.

    The US Treasury chief plans to witness the progress of China's economic reforms away from its booming coastal cities during a visit to the inland city of Chengdu, the capital of the southwestern Sichuan Province, before returning to Beijing for the G20.

    Finance ministers and central bankers from the G20 club of major developing economies and rich nations are to hold talks on October 15-16 in Xianghe County, some 50 kilometres east of the Chinese capital.

    The G20 meeting is expected to be joined by US Federal Reserve Chairman Alan Greenspan, who is scheduled to travel with Snow back to Beijing on October 16 for the annual talks of the Sino-US Joint Economic Commission.

    Also attending the high-powered meeting on the US side will be Securities and Exchange Commission Chairman Chris Cox and Reuben Jeffery, chairman of the Commodity Futures Trading Commission.

    The US Treasury Department on Monday named David Loevinger as permanent financial attache to China a new, Beijing-based position meant to encourage close ties on economic issues including foreign exchange.

    US Treasury spokesman Tony Fratto said the new post reflected "a different phase in our economic relationship with China," and said Loevinger would work with Chinese officials to ensure a new trading mechanism for the renminbi worked well.

    "China has made a reform to its exchange rate mechanism that was an important step. We still want to see greater currency flexibility in the region," Fratto said.

    "The next step is that the mechanism be allowed to work and reflect market supply and demand. We think David Loevinger is uniquely qualified to have discussions at that technical level with economic officials in China and economic officials elsewhere in Asia," he added.

    The US Treasury also has permanent financial attaches in Buenos Aires, Tokyo and Brussels. Fratto said the new position was distinct from that vacated by Olin Wethington, who resigned as the US Treasury's special envoy to China last week to return to private life.

    "We think it's time to have someone permanently based in Beijing for regular communications," Fratto said, adding there were no plans to name a new envoy to replace Wethington.

    Loevinger, currently the US Treasury's deputy assistant secretary for Africa, the Middle East and Asia, will assume the new role immediately and work from the US Embassy in Beijing from early next year, Fratto said.

    (China Daily 10/05/2005 page2)



    Fire kills 5 in Northeast China
    Aerobatics show in Hunan
    Final rehearsal
      Today's Top News     Top China News
     

    Australia, US, Japan praise China for Asia engagement

     

       
     

    Banker: China doing its best on flexible yuan

     

       
     

    Hopes high for oil pipeline deal

     

       
     

    Possibilities of bird flu outbreaks reduced

     

       
     

    Milosevic buried after emotional farewell

     

       
     

    China considers trade contracts in India

     

       
      EU likely to impose tax on imports of Chinese shoes
       
      Bankers confident about future growth
       
      Curtain to be raised on Year of Russia
       
      Coal output set to reach record high of 2.5b tons
       
      WTO: China should reconsider currency plan
       
      China: Military buildup 'transparent'
       
     
      Go to Another Section  
     
     
      Story Tools  
       
    Manufacturers, Exporters, Wholesalers - Global trade starts here.
    Advertisement
             
    久久亚洲AV成人无码国产| 免费无码国产欧美久久18| 在线观看免费无码专区| 国产精品中文久久久久久久| 日韩人妻无码精品久久免费一| 一二三四在线播放免费观看中文版视频 | 中文亚洲AV片在线观看不卡 | 无码精品人妻一区二区三区免费| 亚洲日韩精品一区二区三区无码| 中文字幕夜色资源网站| 国产综合无码一区二区辣椒| 中文字幕人成人乱码亚洲电影| 国产Av激情久久无码天堂| 韩国19禁无遮挡啪啪无码网站| 国产中文字幕乱人伦在线观看 | 国内精品久久久人妻中文字幕 | 日韩中文字幕免费视频| 人妻一区二区三区无码精品一区| 人妻丝袜中文无码av影音先锋专区| 高清无码v视频日本www| 中文字幕精品无码一区二区 | 亚洲av无码成h人动漫无遮挡| 亚洲日本va午夜中文字幕久久| 中文字幕手机在线视频| 久久亚洲精精品中文字幕| 波多野结衣中文在线| 伊人久久一区二区三区无码 | 最近中文字幕高清免费中文字幕mv | 精品欧洲AV无码一区二区男男| 免费无码又爽又刺激高潮软件| 白嫩少妇激情无码| 精品无码一区二区三区电影 | 无码欧精品亚洲日韩一区| 亚洲av无码一区二区乱子伦as| 精品多人p群无码| 中文字幕乱码无码人妻系列蜜桃| 在线播放无码高潮的视频| 亚洲国产精品无码专区| 亚洲AV无码久久精品成人| 无码国内精品久久人妻| 精品人妻少妇嫩草AV无码专区 |