WASHINGTON (AP) -- Treasury Secretary Timothy Geithner will travel to Beijing and Tokyo next week for discussions about the global economy and Iran sanctions.
The trip follows the Obama administration decision to not name China a currency manipulator. That upset U.S. manufacturing groups, who contend China is undervaluing its currency for trade advantages.
The Treasury Department said Geithner will meet on Jan. 10-11 with Chinese Premier Wen Jiabao, Vice President Xi Jinping and Chinese Vice Premier Wang Qishan.
On Jan. 12, Geithner will meet in Tokyo with Japan Prime Minister Yoshihiko Noda and Finance Minister Jun Azumi.
Treasury said Geithner will discuss sanctions on Iran with both nations' leaders. Last week, President Barack Obama enacted new penalties on Iran's central bank aimed at hampering Tehran's ability to fund nuclear enrichment.
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus