经济：中美财长会晤中国北京
China is where U.S. Treasury Secretary Timothy Geithner was yesterday. During a week-long trip to Asia that he is taking, Secretary Geithner stopped over in Beijing and meet with his Chinese counterpart. One issue they were expected to talk about was the value of the yuan; that’s China’s currency. Some U.S. officials claim that China is undervaluing the yuan; they’re accusing China of saying that the yuan is worth less than what it should be. China denies that. This matters because the yuan and the dollar are connected. And if the value of the yuan is down, it could encourage people to spend more on Chinese products than on American ones.