The U.S. wants the yuan revaluation.

Secretary of State Hillary Clinton, alongside Shephard Hill (right), president of Boeing International, yesterday in Shanghai.

Keywords: yuan, CHINA, Clinton Hllary.

Hillary Clinton toured China. It aims to rebalance the trade relations between the two economic giants.
The strategic and economic dialogue between China and U.S., which opens Monday in Beijing promised a wrangle over trade issues and currency. But in Asia and Europe, the news has shaken up the agenda. There first the delicate matter of the corvette sunk by South Korea North KoreaWhich now sets as main mission to Hillary Clinton to win support from Beijing for new UN sanctions against Pyongyang. And then, of course, European crisis, Which complicates the argument that the Treasury secretary, Timothy Geithner, wanted to develop in the Chinese capital. The two senior U.S. officials in Beijing leading a delegation of 200 people.

New risks:
By making it less urgent to take sensitive decisions, these jerks are probably the two partners. And first the Chinese. We saw this weekend, with somewhat conflicting statements between the U.S. and China on the new storm coming from Europe. Since Beijing, a senior U.S. Treasury Department has estimated that financial crisis in Europe would have "limited impact on the recovery of the global economy." And Washington said confidence in the ability of Europeans to manage the crisis.
Different tone for the Chinese Finance Minister Xie Xuren, who says in an article published by The Washington Post that the new risks arising in Europe have "increased factors of instability towards a global economic recovery." Clearly, they do not go in the direction of a rapid appreciation of the yuan.

"Arrangement" discrete:
Given the depreciation of the euro China can not but be tempted to defer a revaluation of its currency, Arguing that its exports to Europe are likely to suffer from the decline of the single currency. Many observers are convinced that China had indeed planned to start these adjustments in weeks or months to come, and even an "arrangement" has been quiet on the subject passed between Americans and Chinese. But recent events may push the deadlines.
Since Shanghai Sunday, the U.S. Secretary of State has however reiterated that it would push China to a "more balanced economic relationship." The goal of Barack Obama to double U.S. exports and create two million jobs in five years through Beijing. In this year politically sensitive to U.S. pressure lobbyists and business groups on the U.S. Administration to get tough with China is strong. Besides the issue of the yuan, Hillary Clinton yesterday listed the topics it intends to argue in Beijing: "Transparency in setting rules and standards, non-discrimination, equal access to private-sector sales as government procurement, and rigorous defense of intellectual property. "So many of" vital ", according to Washington.