Sunday, May 20, 2007

Paulson Is Running Out of Time to Show Results in Trade Talks With China

(Bloomberg) -- Henry Paulson says reducing trade
friction with the Chinese is mostly a matter of time --
something he is running out of.

Tomorrow, the U.S. Treasury secretary opens a two-day
meeting in Washington with China's top economic officials, the
second such gathering of his term and the first on U.S. soil.
After December talks in Beijing failed to produce the progress
Paulson wants, his strategy of seeking to coax policy changes
will now play out in direct view of members of Congress who
demand he employ a cudgel rather than persuasion.


Read more at Bloomberg Emerging Markets News

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