歐巴馬

Obama calls for stronger renminbi

President Barack Obama yesterday urged China to strengthen its currency as tensions over exchange rates and trade broke through a carefully orchestrated show of co-operation between Washington and Beijing.

Mr Obama made his comments after a three-hour meeting in Beijing with President Hu Jintao, during which both leaders pledged to work together on pressing international issues.

However, the US president also joined in the growing chorus of international voices calling on China to allow the renminbi to appreciate.

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