ere in the fundamental interests of both nations and peoples, and served a need to maintain a stable growth of the world economy.Paulson's visit, his second this year since a short tour in March, was widely regarded as paving the way for the third SED meeting in December in Beijing. He came to discuss pressing issues, such as the trade imbalance, the Chinese currency exchange rate Justin Bieber Supra Shoes Sale, food safety Justin Bieber Supra Shoes, energy efficiency and environmental protection, with Chinese officials.Just days before his trip, the U Justin Bieber Supra Shoes Cheap.S. Senate Financial Committee overwhelmingly passed a bill that allowed the U.S. government to use a wide array of measures to force other countries to adopt more market-oriented currency policies.The bill would require the Treasury Department to identify countries with fundamentally misaligned currencies.The Treasury refused to cite China as a currency manipulator in its semiannual report to Congress in June.I will not say anything other than the Treasury's view that legislation is not the proper way to proceed and deal with the currency issue, Paulson said after he met with Chinese Vice Premier Wu Yi on Tuesday.Paulson was reported by U.S. media to have joined Commerce Secretary Carlos Gutierrez and U.S. Trade Representative Susan Schwab in sending a letter to Senate Majority Leader Harry Reid to oppose both pieces of legislation.The letter, dated July 30 and released right after he met with Wu, said that since the SED was launched last year, the Chinese currency's rate of appreciation had tripled, and warned that either of the bills being considered would undo this progress.I believe it is much more productive to have bilateral talks and engagement, Paulson told Xinhua.After arriving in Beijing on Sunday afternoon, Paulson traveled to Xining, capital of northwest China's Qinghai Province, for an environmental tour that included environmental protection programs and rural households in remote areas on the Qinghai-Tibet Plateau.In Beijing, Paulson also met with the heads of China's top economic planning body, central ba Related articles:

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